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What is the line from The Social Network? "Its not cool to be a millionaire, its cool to be a billionaire" or something along those lines. I think a lot of peop
by ecshafer 3y ago
What is the line from The Social Network? "Its not cool to be a millionaire, its cool to be a billionaire" or something along those lines. I think a lot of people aren't happy with being just very wealthy I suppose.
- supportengineer 3y agoThere's even a stigma to being a "single digit millionaire"
- the_sleaze9 3y agoGreg: I'm good, anyway, cuz, uh, my, so, I was just talkin' to my mom, and she said, apparently, he'll leave me five million anyway, so I'm golden, baby. Connor: You can't do anything with five, Greg. Five's a nightmare. Greg: Is it? Connor: Oh, yeah. Can't retire. Not worth it to work. Oh, yes, five will drive you un poco loco, my fine feathered friend. Tom: The poorest rich person in America. The world's tallest dwarf. Connor: The weakest strong man at the circus. -- Succession
- Sohcahtoa82 3y agoCan't retire on $5M? At a 5%/year withdrawal rate, that's $250K/year. That's absolutely livable. You won't live like a king, but that's a solid middle-class living in most suburbs outside the Bay area.
- aftbit 3y agoI dunno, I think it's pretty cool to be either a millionaire or a billionaire. That's probably why I'm not either.
- tivert 3y ago> What is the line from The Social Network? "Its not cool to be a millionaire, its cool to be a billionaire" or something along those lines. I think a lot of people aren't happy with being just very wealthy I suppose. I think the founders of those companies would be fine with the millionaire outcome, as it beats crashing and burning in pursuit of billions. The problem is the VC mindset.