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Re:Thank HN: My bootstrapped startup got acquired today by criddell on Thursday January 23, 2025 @02:22PM (#42807095)
> I find it’s really interesting how people act when the financial pressure gets suddenly removed.

It seems so strange to me to hear stories about people suddenly coming into a bunch of money and not finding contentment or even ending up depressed. If I could afford to retire today, I would do it in a heartbeat and I'm pretty sure I wouldn't run out of things I want to do.

When the lotto gets to be above $1 billion, I'll usually buy a ticket because it's fun to imagine the life I could have with that money. Lots of it would be spent on hiring experts to teach me things.

Re:Thank HN: My bootstrapped startup got acquired today by sky2224 on Thursday January 23, 2025 @04:09PM (#42808103)
It's almost analogous to having a video game totally completed for you in a way. Everything is "done" for you essentially since you just buy your way out of problems at that point.

Before coming into that amount of money, you can be distracted by the survival aspects of living in society where you're just trying to make money and live comfortably. There isn't any necessity to have to figure out what you truly want out of life or what your passions are.

Once you do have money, now you have to face that. You have to truly find who you are. Otherwise, you're depressed or you go and blow all the money on things to distract you from finding who you are.

Re:Thank HN: My bootstrapped startup got acquired today by criddell on Thursday January 23, 2025 @04:59PM (#42808498)
> There isn't any necessity to have to figure out what you truly want out of life or what your passions are.

I most certainly don't have life figured out and I'm not particularly passionate about much but I do know as a 54 year old, I'm on the downward side of this mountain and there's so many things that are interesting to me. I'd love nothing more than to be a full time dilettante, living my life quarter-by-quarter, exploring a new topic every 3 months.

I guess what I'm really wondering is how some people with more money than they will ever need don't wake up in the morning excited to work on some topic they find interesting. A certain portion are just depressed or dealing with some other mental illness, but isn't the typical person interested in lots of stuff that they don't pursue due to life getting in the way?

Re:Thank HN: My bootstrapped startup got acquired today by 9rx on Thursday January 23, 2025 @10:20PM (#42810164)
> isn't the typical person interested in lots of stuff

They might be, but is the typical person interested in doing it alone? Everyone else still has their lives getting in the way. They can't realistically skip going to work because you want to spend time with them. While some people are comfortable exploring life by themselves, I suspect the typical person is not.

You could use that newfound wealth to buy friends, but then you're effectively back to managing a business again, assuming business is the source of money per the grander discussion here. If that is what drives you, you are apt to do everything you can to avoid the exit in the first place and thus not ending up in this situation. Like Zuckerberg once said, if he sold Facebook he would focus on building another tech company and therefore there is no point in selling the one he already has.

Even still, if you do go down that road, and you want people of quality rather than grifters trying to scam you, to fill that role you are going to need some semblance of marketable goals for them to get behind. "Played friend for Richie Rich" doesn't advance their career or look good on a resume. They don't have the luxury of not having to worry about that kind of thing. Now you are truly back where you started, which, again, questions why walk away in the first place?

It might not be impossible to find something to keep you going, but it is easy to see how it could be really hard.

Re:Thank HN: My bootstrapped startup got acquired today by servercobra on Thursday January 23, 2025 @03:59PM (#42808003)
I buy lotto tickets because my friends do a pool. I'm not sure I'd be happy with the money, but I am very sure I'd be very unhappy if I was a schmuck who didn't put in a very small amount (to me) of money to be in the pool. I consider it insurance more than anything!
Re:Thank HN: My bootstrapped startup got acquired today by dr_kiszonka on Thursday January 23, 2025 @03:20PM (#42807661)
> When the lotto gets to be above $1 billion, I'll usually buy a ticket because it's fun to imagine the life I could have with that money.

I buy lotto tickets for the same reason! Their expected value is very low but the maximum value is thought-provoking. For me, $50k would be life-changing. One billion is hard to imagine.

Re:Thank HN: My bootstrapped startup got acquired today by applied_heat on Thursday January 23, 2025 @03:26PM (#42807730)
What would you do with $50k that would make such a difference in your life?
Re:Thank HN: My bootstrapped startup got acquired today by ge96 on Thursday January 23, 2025 @04:11PM (#42808116)
Sadly for me it'd pay half my debt off

edit: with that in mind, leanfire is on my mind since I'm single/don't actually need much to live

Re:Thank HN: My bootstrapped startup got acquired today by Dansvidania on Thursday January 23, 2025 @03:37PM (#42807811)
I’d buy a house, myself..
Re:Thank HN: My bootstrapped startup got acquired today by WJW on Thursday January 23, 2025 @05:15PM (#42808606)
For 50k?
Re:Thank HN: My bootstrapped startup got acquired today by tasuki on Thursday January 23, 2025 @05:38PM (#42808802)
Yes why not. Hell, there are places in the world where you can buy whole villages for $50k!
Re:Thank HN: My bootstrapped startup got acquired today by 20after4 on Thursday January 23, 2025 @11:36PM (#42810577)
Found a place in a rural part of Missouri for $60k at the end of 2019. Everything has more than doubled in value since then. I had no idea what was about to happen when I signed that paper… but I’m sure glad I didn’t wait even a few months. Literally moved in February 2020 just in time to get really familiar with the new surroundings.
Re:Thank HN: My bootstrapped startup got acquired today by Dansvidania on Friday January 24, 2025 @12:36AM (#42810781)
For just a few k more. But I should not that I don’t live in the us.
Re:Thank HN: My bootstrapped startup got acquired today by projektfu on Friday January 24, 2025 @12:14PM (#42815216)
Decent new houses are USD 30k in Natal, RN, Brazil. More like USD 100k for beachfront property.
Re:Thank HN: My bootstrapped startup got acquired today by mschuster91 on Thursday January 23, 2025 @03:55PM (#42807967)
50k is enough to comfortably live on for a year even in Germany, much more so in other countries. Allows you to completely change perspectives or to pivot your entire career.
Re:Thank HN: My bootstrapped startup got acquired today by dr_kiszonka on Thursday January 23, 2025 @04:25PM (#42808245)
It feels strange to write about this, but resolving a health issue, paying off debt, and escaping the nerve-wracking cycle of short-term, low-paying gigs would be life-changing. I am the sole breadwinner, working 50-60 hours a week just to stay afloat, so I don't have the time to prepare for interviews and pursue a stable career.

There are many people like me.

Re:Thank HN: My bootstrapped startup got acquired today by Sohcahtoa82 on Thursday January 23, 2025 @05:10PM (#42808579)
Likely drowning in debt.

When you're living paycheck-to-paycheck, even just $10K in credit card debt at 30% is enough to keep you down. ~$250/month merely pays the interest.

Maybe there's medical stuff that needs to get done. Maybe the car needs fixing. Maybe you haven't gone on vacation in YEARS and it's taking a huge toll on mental health. I mean, consider how many people work jobs that don't offer ANY PTO, so even going on a stay-cation costs money due to lost wages.

Re:Thank HN: My bootstrapped startup got acquired today by climb_stealth on Thursday January 23, 2025 @06:14PM (#42809030)
I know someone who paid off their credit card debt with an inheritance of roughly that size. It completely changed their outlook on life. Before every month was a struggle to just stay on top of the credit cards. Now they are debt-free and are actually able to save a bit of money every month. And for example able to go eat out without struggle.

Mind you by hn standards this is on a miniscule income. Still, many people are struggling hard and a windfall like this can make a huge difference in quality of life.

Re:Thank HN: My bootstrapped startup got acquired today by csomar on Thursday January 23, 2025 @11:04PM (#42810431)
I'd use that money to pay for private math lessons.
Re:Thank HN: My bootstrapped startup got acquired today by mrsilencedogood on Thursday January 23, 2025 @03:08PM (#42807564)
Imo, it's mostly because our brains are still hunter-gatherer brains. While things like language acquisition and culture-instilling do fundamentally change us, our base hardware is still pre-currency pre-agriculture (pre-pretty-much-everything) hunter-gatherer. In Sapiens, it's noted that if a homo sapiens from 100k years ago ended up on an autopsy table in the modern day, you would never know anything was amiss anatomically. You might notice the teeth are unusually straight and free of decay (pre-grain diet, with huge amounts of chewing strengthening the jaw and allowing teeth to properly align), well-trained body with low body fat, and similarly free of many of the scourges of our modern diet and lifestyles). But that's it.

So, people suddenly get taken out of "the grind" which was their only approximation of the drive-reward cycle that their brain depends on. So what now? Unfortunately, they've been freed to confront man's ultimate foe: philosophy. And lots of people aren't cut out or ready for that. (One could even say most philosophers aren't, given how much many of them suffered).

Re:Thank HN: My bootstrapped startup got acquired today by conductr on Thursday January 23, 2025 @03:16PM (#42807623)
As somewhat of a counterpoint, my experience was we often romanticize these things that we’d like to do if only we had the time/money/etc. But sometimes you’ll find once you do have the opportunity to explore those things, it’s not as interesting as we had hoped. It might keep you busy for a year or so, but then boredom and lack of fulfillment rear their head again. I think this is why serial entrepreneurship is a pretty common thing.
Re:Thank HN: My bootstrapped startup got acquired today by duxup on Thursday January 23, 2025 @03:25PM (#42807714)
Agreed, I think I could find things to dedicate my time to that would be fulfilling. I'm not surprised, but maybe I do wonder what is in those folks lives who can't find something.

Having said that ... I'm also not in that situation, you never know.

Re:Thank HN: My bootstrapped startup got acquired today by pton_xd on Thursday January 23, 2025 @06:22PM (#42809088)
> It seems so strange to me to hear stories about people suddenly coming into a bunch of money and not finding contentment or even ending up depressed. If I could afford to retire today, I would do it in a heartbeat and I'm pretty sure I wouldn't run out of things I want to do.

Different goals. If your goal is pursuing hobbies or a certain lifestyle, work is a means to achieve that. Getting money just lets you skip the work part.

Their goal is creating a successful business. Having money and leaving the business means now they have no goal.

Re:Thank HN: My bootstrapped startup got acquired today by sevensor on Thursday January 23, 2025 @07:38PM (#42809473)
Talk to some retired people. The loss of identity can hit you right in the ego. You might think retirement sounds great, but I’ve known several people who thought that, and then un-retired. Other people seem to do just fine; I’m not sure if it’s temperament or something else. And then again, there are some people who just fade away…
Re:Thank HN: My bootstrapped startup got acquired today by WA on Friday January 24, 2025 @03:24AM (#42811450)
> If I could afford to retire today, I would do it in a heartbeat and I'm pretty sure I wouldn't run out of things I want to do.

You probably underestimate the little voice that will show up at some point, aksing what is the point in doing that thing?