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Isn’t that backwards? Most people need to build a business to make the $10M+ in the first place. Are you talking about a nonprofit or an airplane/movie business
by qzw 1y ago
Isn’t that backwards? Most people need to build a business to make the $10M+ in the first place. Are you talking about a nonprofit or an airplane/movie business (both famous for turning large fortunes into small ones). Otherwise you probably should follow the advice from the “Producers”: never put your own money in the show.
- elliotto 1y agoI think you have conflated 'build something for society' with 'build a business' which is very hacker-news-core. My mind immediately went to building infrastructure and schools in rural Nepal, not building a b2b saas that raises customer acquisition rates by 8 %.
- qzw 1y agoYou might be right, but somehow GP’s comment didn’t come across that way to me. Does it take more than $10M in wealth before someone can build a school in rural Nepal? It just seemed like a convenient rationale for wanting to accumulate a lot of wealth, which is also very hacker-news-core.