Quote:
Originally Posted by Dollarmansteve
He's is utterly retarded. He could take the money and use 500 million to ensure that all his future generations will never have to work again.
He could use the other 500 million as VC - he could end up being involved in 3, 4 or 10 facebook-sized deals.
That's how billionainres become mega-billionaires.
Im starting to see the same delusional behavior over this whole web 2.0 thing as there was during the initial dot com boom. People who don't cash in huge when they can will go down hard.
|
You touched on a very key part, leverage and diversifing. You are right. He could take 500 million and tie it up in mutual funds and have billions guraranteed in a couple years, growing more and more each year. He wouldn't have to lift a finger to make that money.
Take the other half and spread it out over new internet startups, realestate developements, etc.. realestate would be pretty much a lock, unless he was a moron and did something really stupid. For the startups, if just one of them makes it big you can do it all over again.... You would be working you way to Bill Gates money in no time
or you say. no i will pass i can make that much in 3 years for now.
Lets see how they are doing when google, and a bunch of other big billion dollar corperations start buying up his competitors and he gets squeezed big time.