Re:Money Really Does Lead to a More Satisfying Life
by cperciva on Saturday August 25, 2018 @05:02PM
(#17842552)
Something I've always wondered about, which HN might be the only possible place to get an answer to: Does the "lottery winners' curse" afflict founders of wildly successful startups? (Say, people who walk away from an acquisition with $10M+ -- on par with "winning the lottery".)
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Re:Money Really Does Lead to a More Satisfying Life
by Axsuul on Saturday August 25, 2018 @05:38PM
(#17842705)
Not as much because the success of a wildly successful startup happens over a longer period which gives you more time to adjust.
Re:Money Really Does Lead to a More Satisfying Life
by kd5bjo on Sunday August 26, 2018 @02:56AM
(#17844662)
I don’t know about founders, but something similar can happen to highly-paid tech employees. The few years I worked in SV [1] changed my spending habits much more than I expected, and I didn’t realize it until I left and went back to a “normal” life. The experience altered my relationship with money, and not necessarily for the better — expensive things don’t have a mystique anymore, but neither does their price instantly turn me away; it’s hard to tell which effect will dominate in the long run.
[1] Where I amassed orders of magnitude less capital than you’re asking about
Re:Money Really Does Lead to a More Satisfying Life
by pawelmurias on Sunday August 26, 2018 @02:52AM
(#17844651)
Doubt it, most successful tech startup founders aren't super stupid.