The Thiel Fellowship gives $100k to 25 kids a year to drop out of college and start a company.
This morning a Thiel Fellowshow recipient (now 25 years old) just sold a self-driving car startup he started with his $100k for $3.4 billion at age 18.
Hell yeah.
What’s the difference between a $10m, $100m, and $1b lifestyle?
Asked this question in Hampton's Slack community since we have people worth $10m - $2b.
A few takeaways from the 50+ replies:
$50k – $100k liquid
• The first “I feel rich” for many in 20s.
• Bills stop
A prediction:
- Spotify will drop Rogan
- Then he'll start his own media company, maybe his own platform
- Obviously, it will be huge. He'll become a billionaire.
- Bonus: @elonmusk will be an investor or help in some way.
Not THAT crazy of a prediction. But hey, let's see!
For the benefit of others, an account named @dieworkwear runs a scam where he tries to extort brands into paying him consulting fees.
He’s run the scam on a number of people and likely buys engagement to boost his posts as his like to comment ratio is bizarre.
115,000 likes
Readers added context
This isn't extortion. Derek Guy offered professional consulting services to bring Constantino's company's manufacturing practices in line with his stated beliefs about American manufacturing. It's snarky, but a legitimate offer of services, not sarcasm or a scam.
x.com/dieworkwear/st…?
x.com/ac132/status/1…?
The co-founder of Loom sold his biz for ~$1B, made $50-70M personally, then walked away from an extra $60M
He has “no income right now” and is “looking for internships”...
@vhmth has a wild post-exit story. we talked about it on Moneywise:
-Turned down $60M in retention