THE BORE

General => The Superdeep Borehole => Topic started by: Rman on February 01, 2008, 06:24:02 PM

Title: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Rman on February 01, 2008, 06:24:02 PM: Microsoft's bid for Yahoo got me thinking.

If you could inherit 2.2 billion dollars--Yahoo Inc. co-founder Jerry Yang's net worth--would you rather take it at 23 or 40? What got me thinking about this was reading how Jerry cashed out at young age, when the IPO was announced. Unlike the Google guys or Amazon's Jeff Bezos he's playing golf basically these day.

I would rather cash out at 40. Why? Greater perspective. I'll be more in tune with my values as well. And I feel I would be more willing to devote my resources causes that are important to me.

What would you choose?
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: CajoleJuice on February 01, 2008, 06:25:15 PM: Are you kidding me?
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Rman on February 01, 2008, 06:27:54 PM: I'm serious.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Rman on February 01, 2008, 06:28:40 PM: What about if you enjoy your work.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Rman on February 01, 2008, 06:29:09 PM: 27.

I've been in the workforce for 5 years.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Phoenix Dark on February 01, 2008, 06:29:34 PM: 23 by far. At 40 you're like 10 years from not being able to have good sex
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: CajoleJuice on February 01, 2008, 06:29:38 PM: 2.2 billion fucking dollars isn't going to stop me from enjoying my work

Genghis said it better.

I mean, what the fuck???
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Rman on February 01, 2008, 06:30:41 PM: I actually just had this conversation with me co-workers as well. Most said 40, for similar reasons I listed above.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: CajoleJuice on February 01, 2008, 06:31:25 PM: Christ, I can't believe how ridiculous this is. 2.2 billion dollars! WTF
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Rman on February 01, 2008, 06:32:16 PM: Money doesn't solve every problem, champ.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Rman on February 01, 2008, 06:33:57 PM: I'm not just talking about work, but life as whole. Relationships, contentment, inner peace.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: CajoleJuice on February 01, 2008, 06:34:06 PM: THIS IS ME SMH
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Rman on February 01, 2008, 06:35:00 PM: If 23 is your choice is your choice.

For me it's not as clear cut.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Rman on February 01, 2008, 06:37:14 PM: I'll probably give 90 percent away.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: CajoleJuice on February 01, 2008, 06:38:14 PM: And you'd still be left with $250 million dollars. Jesus.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Rman on February 01, 2008, 06:39:52 PM: Quote from: Genghis Cohen on February 01, 2008, 06:38:47 PM
You can drown a lot of hookers in 250 million dollars.
:lol :lol :lol
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: demi on February 01, 2008, 07:32:46 PM: I could hire a ton of skeezers to taunt CajoleJuice to the point of suicide

Epic WIN would be had
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: drew on February 01, 2008, 07:35:54 PM: 23 - without a doubt

I'd buy some epic cocaine and a yacht. (http://i143.photobucket.com/albums/r126/Drewsy_photobucket/hyper.gif)
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Howard Alan Treesong on February 01, 2008, 07:40:52 PM: um, 23.

For starters, that $2.2 billion could be $3.0 by the time you hit 40, if it's invested wisely and aggressively.

Secondly, $2.2 billion is so much money that money is no longer really an issue. You could finance a movie, set up a game studio, travel the world. Live off the interest and work or don't, depending on how you feel.

also, you could be dead by 40. ALSO, you could have 17 years of being rich. also if you get it at 23 you could apply it to your childrens' schooling, etc.

40? fuck 40.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Eric P on February 01, 2008, 07:41:31 PM: i HATE my job

i HATE working

i HATE making money for other people based on my skill set

i would cash the fuck out
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: abrader on February 01, 2008, 08:01:04 PM: Ill nevr make a billion....

haha ill never top 100 million

but im not complaining.

Some of these guys are sooo greedy...hhe i know guys who have done like 10-15 almost killed themselves and go back for more because they think you gotta make a bil to me notable.

WHO THE FUKK CARES!
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Cormacaroni on February 01, 2008, 09:14:34 PM: I'd cash out at 23 for sure, because you never know when it's all going to come crumbling down. Look at Mark Cuban, who got rich on world.com (if you're think 'wtf is world.com', my point is clear), cashed out, and has a diversified business empire including cable tv and a basketball team. Not many people strike it big twice, or more.

The other key point is that being 23 and having $2.2 billion in the bank in no way prevents you from working, or doing anything else that you might happen to find fulfilling. It doesn't even necessarily prevent him from working for Yahoo. You can divest your stock holdings fully and still stick around and play with the big boys if you want. And of course, you have massive, massive freedom to set up any other kind of business you want. Look at the crazy number of ventures Paul Allen has been involved in, for example. Most of them were abject failures but his net worth kept rising with each MS stock-split anyway so who cares if you fuck up. He's having fun, he's employing people, stimulating the economy...
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Loki on February 01, 2008, 10:45:51 PM: Quote from: Genghis Cohen on February 01, 2008, 06:27:47 PM
I worked 14 fucking hours yesterday CASH ME THE FUCK OUT

:lol

My thoughts exactly. I imagine I'd still work around 25-35 hours/week, but at least I'd be doing what I wanted to do.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: Tauntaun on February 02, 2008, 12:13:13 AM: 2.2 billion? Like, 23 DUH! COME ON!
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: xnikki118x on February 02, 2008, 06:08:00 AM: I'd take it at 23 and put a lot of it away for when I'm 40.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: TVC15 on February 02, 2008, 06:15:15 AM: 23. Most of my personal interests are in art fagsy areas, and I feel that basically dedicating a (minimum) 40 hours of work a week is wasting my own personal potential. With 2 billion dollars, I could move all over the world and have a cool Hemmingwayish array of interesting, unique experiences. If I work until I'm 40 I have no good stories and some saggy balls.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: TVC15 on February 02, 2008, 06:22:36 AM: Well, you'd have to shit directly on them, since you can't exactly use them as toilet paper.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: TVC15 on February 02, 2008, 06:29:13 AM: Wouldn't it be much more personally fulfilling to have them wipe your ass with their tongues, and then dry your ass with the pages or the Koran?
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: TVC15 on February 02, 2008, 06:34:17 AM: Quote from: alteran on February 02, 2008, 06:30:20 AM
Quote from: TVC 15 on February 02, 2008, 06:29:13 AM
Wouldn't it be much more personally fulfilling to have them wipe your ass with their tongues, and then dry your ass with the pages or the Koran?
Hmm...Very true, I'll take that as a good recommendation. Hey TVC, have you fucked middle eastern guys? Are they hot?

Nope, and in the handful of times I've been in gay bars, they are particularly not represented much.
Title: Re: 2.2 billions dollars. At 23yrs or 40yrs?
Post by: TVC15 on February 02, 2008, 06:58:01 AM: I'm sorry, Synbios. Asian porn just doesn't do it for me. They vaguely remind me of the things from The Shadow Over Innsmouth.