Welcome, Guest
Feeds
LiveSearch
Categories
General Business: Youtube founders sell out
1 to 7 of 7
-
I would have did the same as well. Doesn't seem to reflect any negative happenings in Google. If anyone were to go from nothing to $300 millionaires overnight, they'd jump at the opportunity to claim as much of that in one hit.
More power to them.
Proud Partner of YGG -
So what do you do with $300mil in cash?
I'd stash a sizeable amount in a bank for a start, somewhere very safe. Spend a bit of course - holiday etc. Find a charity to support. Diversify with investments for the rest.
Then I'd probably settle down and start again. Back to business :)
I'm Ross from Thrive. See my log and HatchThat. -
Invest $150 million in stock and real estate, build my $50 million dream mansion, buy a few toys, put $50 million aside to start 50, million dollar ventures, and donate a bit.
Proud Partner of YGG -
Collect interest at a rate of 7%, which would come out to around $21M/year before taxes. I would then use that to think of my next venture, or perhaps become an angel investor. It's interesting, because at that point you're main interest in starting a business is no longer money. With an income of $400K per week, who needs to care about money?
My ventures are never about money anyway, it's just "whatever happens, happens".
-
Hi,
Actually, when you make a few million with Sequoia Capital, there's only one thing to do.
You become a Sequoia Limited Partner and give the money right back to them to re-invest.
Aaron
-
Stash 150 mill in a bank. Then 50 mill in investments. Then 50 mill to buy things like house, cars, toys, office space, jet, hovercraft, spaceship(:P).
Then 10 mill to start a scholarship fund. then 39,999,9980 to put in a bathtub and fancy myself. then $20 for a custom YGG t-shirt.
1 to 7 of 7
