3 ms·
lets say you are allowed a max net worth of 1 million. You hit it. Why would you keep working? You are now working for free. Every extra dollar you get is taken
by wonderwonder 3y ago
lets say you are allowed a max net worth of 1 million.
You hit it. Why would you keep working? You are now working for free.
Every extra dollar you get is taken from you.
Why do anything, shut the company down and leave, its not your responsibility any more
- JoeAltmaier 3y agoFor a paycheck.
- wing-_-nuts 3y ago1M isn't what we're discussing here. It's 1B. Let's not strawman this discussion.
- wonderwonder 3y agoeven better, 1B, I painted myself in a corner with such a low number. So they will never have to work again, 1m they may have had to. I now have 1B. Why would i keep working? I would send a company wide email say hey guys I'm done. Good luck and shut it down. Why do anything else? You may argue there are reasons but they are all emotional / moral ones, not based on finance. I've peaked, going to go spend my life doing whatever I want, why incur the stress of anything else? Not to mention all the ancillary jobs that are going to be lost. Boat builders, private aircraft manufacturers, etc.
- wing-_-nuts 3y agoNo judgements on you, but frankly you're not the sort of person who builds a billion dollar company to begin with. Neither am I. I know damned well we'd both cash in our chips after 10s of millions and ride off into the sunset. Those who build billion dollar companies do so for more than money.
- fragmede 3y agoIf you had an 61% stake of a billion-dollar company, sell off 10% for your $10 million and keep running it.