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Unfortunately, for every thousand new tech millionaires there is maybe 1 or 2 that is doing anything interesting or daring with their money. The energetic give
by crassus 13y ago
Unfortunately, for every thousand new tech millionaires there is maybe 1 or 2 that is doing anything interesting or daring with their money. The energetic give it away to charity, the lazy park it in an investment fund. Few are the Elon Musks and Peter Thiels.
- onedev 13y agoFew make nearly as much as Elon Musk and Peter Thiel to have nearly even close to as much impact.
- toomuchtodo 13y agoWhat are the Instagram folks doing with their cash? Did they not net more than Musk and Thiel from their sale?
- jamesaguilar 13y agoIt's been like a year and a half. Maybe cut them a little slack.
- deleted 13y ago[deleted]
- StavrosK 13y agoI directly blame the Instagram guys for this lack of jetpack on my back.
- toomuchtodo 13y agoI get your point. Are we allowed to judge based on how someone uses their windfall? I absolutely hate to bring up Elon Musk here, because of the fanboism (also, I admit, I'm a huge Elon fan. I've put my entire net worth behind Tesla and Solar City.), but the guy gets shit done. He's on par with Larry Ellison, Larry and Sergey, etc. Ellison buys Hawaiin islands and owns a sailing team, Larry and Sergey try to some extent (self-driving cars, calico, glass), but Elon? He's fucking ruthless at getting shit done, even at the cost of his marriage and personal relationships (i.e. Martin Eberhard). I wish I started sooner, and was on the wealth climb Warren Buffet had been on. Unlike him though, I wouldn't donate to the Gates Foundation though. I'd call Elon and ask, "How much faster can we get to Mars?" </rant>