News for hackers. Stuff that matters.

A comment on Ask HN: Examples of large exits without VC Funding?. Parent comment

Re:Ask HN: Examples of large exits without VC Funding? by hjjiehebebe on Friday December 15, 2017 @05:27AM (#15930868)
Are you saying 10M isn't fuck you money? Its not rich but with planning you can live middle class support a family and not work again.
[ Parent | on HN ]
Re:Ask HN: Examples of large exits without VC Funding? by seattle_spring on Friday December 15, 2017 @11:24AM (#15932890)
Give it a few hours. Sooner or later, someone will chime in saying that living on $400k a year is "basically poverty" in SF or Silicon Valley.
[ Parent | on HN ]
Re:Ask HN: Examples of large exits without VC Funding? by tedmiston on Friday December 15, 2017 @04:48PM (#15935490)
Not really after capital gains taxes.

You've got enough to buy a house in SF, put your kids through college, and not have to work again, for let's say 50 years with a decent annual spend, if you put most of it into a retirement account.

[ Parent | on HN ]