Nope, I would probably even quit at 250K of savings. Take some time off, then maybe learn pixel art / design , and spend 2 years to make a game or SaaS to get around 2k income per month for 2 years and then repeat the cycle. The initial money secures basic housing and bills, and the small monthly income is good enough for me.
Investors are not investing in small startups much, perhaps due to high interest rates.
Now is a great time to invest in small startups applying ML to realworld problems, and will result in a lot of useful new tech being built.
Id make a lot of small bets on early stage startups of this kind - and perhaps top up when they get a POC and at MVP / early traction stage.
It would almost be worth buying a building in Danang Vietnam, and hosting small teams for 3m at a time to get more bang for your buck - ie. rent arbitrage / quadruple the effective runway due to low cost of living.
Would I keep showing up to the job I had in 2015? Yes, not forever, but at least for a time. It was enjoyable socially and practicing the craft is enjoyable. At jobs like that, the ability to enjoy the craft outweighed the downsides of having to manage a job/career.
Would I keep showing up to the most recent job I had? Or seek out a job in what the market has become, or take a job in what the field has become? And what has become of the craft? Absolutely not. I retired with much less money than $10m, my living expenses are low.
Unfortunately my wife has a terminal illness, and while $10m would be quite a lot, when facing the bills of ALS without proper health insurance, that could run out very quickly. With $10m, I'd work, but do all of the things that I don't have the guts to ask for now: Go fully remote all the time (something that I'll likely have to do within the next few years to be a partial caretaker). When the bad times come, which they will, if I had $10m in the bank I'd walk away from the job and focus entirely on being the most present father that I can be.
Over the last couple years of her illness, I've become the sole caretaker of our young kids, and it's changed me dramatically. Being a parent can be exhausting, and I've always loved it, but I also loved logging into work and doing productive things, contributing to (what I thought were) important software projects, and working with my colleagues. I always loved the camaraderie of the work place and my colleagues. That's shifted entirely in the last 2 years. Other than the paycheck to maintain my kids' quality of life, other than the health insurance that we're now inextricably tethered to (something that I never had an appreciation for as a young, relatively healthy single or married-but-no-kids person), I just don't care about anything at work other than doing what I have to do to maintain those things.
$10M in the bank is very different for a family of 4 staying in VHCOL (Bay Area/ Manhattan) vs single person staying in Bangkok. The answer to this question depends on a lot on that versus job satisfaction etc.
Not sure why people like the bay area so much. Move someplace else and retire. Most anywhere in the US is going to be dramatically cheaper.
Buy a summer place on a lake in the Midwest for under 200k. Get a winter place somewhere warmer, since the weather must be what people like about CA. We have tons of retirees doing this with well under $10M.
I would quit my job and start my own freelance consulting business. No doubt my employer would hire me and I could escape the internal bureaucracy I have to deal with. Probably do part time as well.
No. Gonna dive 100% into my hobby xv6 OS project which I'm already working on.
I don't need $10M, 1 or 2 is good enough. I'm going to pay back all debts, rent a cabin (last checked about 127 CAD per night) for a few weeks and bring my son with me for a few nights. I'm also going to buy a telescope. 4-6 hours of kernel hacking at day, and 2-3 hours of stargazing during the night. Heaven!
Probably so. I'm in academia as a teacher and as a researcher. I like teaching and I like research. If I were "rich" I'd probably do both things with a much clearer state of mind.
On one hand I really like my job and get treated well and like being part of something bigger than myself. On the other hand it would be attractive to spend more time working on some ideas I have.
I have the job I want. I work remotely. I “retired my wife” when she was 44 8 years into our marriage in 2020 (I was 45) so we could travel and she could pursue her passions. There is really nothing I want to do that work stops me from doing. We travel, we have done the year long “digital nomad” thing, I can go home and spend time with my aging parents and our adult kids (my stepsons) for an extended time.
My other hobbies is I’m a gym rat and just hang out with friends and my wife.
I work in consulting so I never get bored working on the same problem. I’m a staff consultant so the company I work for really gives me almost complete autonomy. I get assigned a project and for the most part I get to lead the projects the way I want.
No. My labor is transactional. The rest of my time is leisure.
Same reason why I have no interest in working weekends. Is the CEO going to come by my house on Saturday and mow my lawn? Wait, HR said we were family...
No. For me, work pays my bills and funds my (modest) lifestyle. With $10 million in the bank (or invested wisely), I won't need to work. I could continue to live my life the way I do and not have to worry about the ridiculousness of the corporate world.
What I enjoy: the programming, the messing with large systems and solving challenging problems.
What I don't enjoy: the politics, the meetings, the ineptitude of colleagues (nobody hired in the last 10 years seems qualified to do their job), the infrastructure rot and misconfigurations.
I arrived at yes, for the same reason. There are plenty of open source and community projects you could through your time at, but with none of the obligations.
I would work, not for my current employer (or any employer) but for myself. I would setup a one-man LLC or similar and build products I'm proud of. If some of them work out and bring money, good! If not, also good.
Also, I wouldn't work 40h/week on it. More like ~10h/week. I would take it very slow, focusing on the parts that I enjoy the most (like deciding the font of the website for my product, or deciding the dir. structure of my backend, or thinking about that algorithm for days or weeks until I got it right).
I don't like tech companies. I work for one because they pay good. I love my career nevertheless and I become better at it in my free time (that's another reason tech companies pay me good money, because I'm good at it... but I couldn't care less about their products; I pass their interviews with a fake facade)
If you live in a modern 1st world country and have a family, at least 1 child or some old relatives and at least minimal ambition to eat good food and have okay level of life - 10M is not much at all.
It’ll get you okayish to allright property (depending on the region), will cover all basic expenses and (if you don’t have anyone with serious illness or financial problems) some non basic ones. For up to 10 years max.
Then what?
If you want to hear people’s passions I suggest using vague “F U money” term instead of a pretty small specific number.
I mean, $10m comes out to $400k in year at the 4% rule which is top 2-3% income in the US. And top 1% in Europe. I guess being in the top 1% is barely scraping by nowadays.
This is a good question. Many of us work out of blind habit or to support a lifestyle we didn't consciously choose. Asking this question can lead to freedom, no matter how much money you have and no matter whether you work or not, because its a question that leads to living deliberately. Which I am all for. https://www.mrmoneymustache.com/
I just mean people are just not excited about tech as they used to be.
I would expect, out of all the sites on the Internet, that people would say something like trying to lead some initiative that they never had the courage to do so before leaving the company if given no opportunity for the love of the industry.
Most of my neighbors who have well more than $10M in the bank (Tesla stock, houses, cash, etc.) and they all work because they enjoy it. The younger neighbors quit and just sit around doing nothing but collecting rent money from houses.
But of course, the only constant in life is that things will change. It isn't that surprising I suppose.
I have a cushy job, especially when I compare it to how many other people earn money, but it's still a job rather than a passion. The social aspect is all well and good, but much (but not all) of it in a company is actually quite fake.
I do, and I don’t. Not for lack of trying, but a (non-exec) job is usually full of people who are not in that situation and it creates all sorts of awkwardness I’d rather not deal with. For example, I was out at a team dinner one time and someone asked me where I lived and when I’d bought my place, and they replied with “so you’re rich then,” and I had nothing to say to that except feel awkward.
Also when shit hits the fan layoff-wise management tries to use fear as leverage, which just causes me to quit, leaving my teammates in the lurch. (I’m reminded that Warren Buffett said they don’t try to manage most of the business mangers under them, because many of them are independently wealthy and that would take away their desire to keep showing up. That’s probably why execs are insulated from these dramas too.)
Lastly, if you work with vapid people as I did, they will low-key judge you by your possessions while flaunting theirs, and that’s just nonsense I don’t need in my life.
That being said, I don’t mind working, just not “for money alone,” if that makes sense.
Hell no. I would mess with my stuff, no AI, no bullshit, just fun programming. But I would also do things for myself: better health, better food, better socialization.
Probably as an Eng manager because I remember Eng managers did jack shit. I’d just flex on the rest by showing up in my Ferrari. What are they gonna do? Fire me?
I’d rather have an engineering manager who does nothing rather than one who wastes everyone’s time and runs around trying to get credit for everything under the sun while throwing people under the bus if anything goes sideways.
I would still do a job, but it would be something that is important to me.
And $10M would require some up-front management and ongoing maintenance to develop an index-tracked revenue stream from it. I mean, aside from an initial disbursement meant to wipe out harmful debts and get a few small toys, the vast majority of that $10M would go towards being productive revenue-generating assets. No, not from the backs of other members of the working class like rental homes, but via stocks that generate dividends.
For one, I would likely adopt one or more open-source projects that have people struggling to be maintainers, and to fund them in some manner via the dividend income. Kind of like a “you no longer have to worry about food and shelter needs anymore” type of support.
It’s not like I would be able to support oodles of projects like this, but a choice project or three that is vital to the entire tech ecosystem and which desperately needs to remain independent of corporate influence… yeah. I already know of a few.
> And $10M would require some up-front management and ongoing maintenance to develop an index-tracked revenue stream from it.
Buy $5M of VOO and $5M of VTEB or BND. Send dividends to your bank account. When your bank account is over the FDIC limit, buy more of whichever fund has less $. Dividend yield on VOO is about 1%, bond fund is aboit 3%, approximately $200k/year from dividends, but if that's not enough, sell from the fund with more $ as needed.
Probably check with your insurer and get an umbrella policy for $5M+ cause they're cheap and you don't want to get a judgement and lose out on the easy life.
Send me a check for about $10k a year as a reminder of how much work I did for you right here in the open :P (j/k, I'm not a financial advisor, I can't take compensation for this). You could do something fancier, or think about your preferred stock/bond ratio, but $10M is enough that anything safe (80:20 to 20:80) will work unless you overspend.
I believe that unless one manages to regress to our primal animal state the brain has a need to think about something in order not to think about self and the possible dark existential stuff which should absolutely be ignored and avoided.
In this scenario the best possible way to occupy the brain is to set goals and build discipline towards reaching such goals.
Even pleasurable stuff like music or social connection or even I'd go as far as sex might seem 'not work' on day-1 after you fire yourself after receving the 10mil cheque
But On day 60 after leaving work with 10m
1) the 'fucking around' on the fretboard becomes 'practicing scales for at least 30 mins'
2) the hanging out at the bar becomes 'organizing parties in a way to maximize social fun with games etc'
3) the 'ONS from the club' becomes 'trying to find an escort with girl-next-door look who'd also offer Pornstar sex service and greek sex service'
Every human endevour of any kind has an S-curve type shape where after a while if you want to progress and get novelty from higher experiences you must apply IQ and discipline and so it becomes a 'work'
Leonardo Da Vinci after having signed off all the accomplishments that we know basically turned wedding planner and party organizer in Milan , I suppose orgy organizer too but don't quote me on that, and guess what? After 60 days or so it became a 'job' for him to put the pieces together in a way to reach an amazing social result.
Same with today marriages, happiest day of her life? It's the most work of her life too to get those 8 hours or whatever is the party lenght exactly right
In The Prophet (1923), Kahlil Gibran writes On Work: "Work is love made visible." This is the kind of work you're talking about.
However, the OP question is "would you still show up to work?" This kind of work is usually for a for-profit company owned by capitalists, with their time controlled by their employer, and their effort disconnected from its impact (the alienation of the worker, per Marx).
It makes total sense that someone would stop "showing up to [someone else's] work" and start developing their own independent work ethic towards their own goals. These two types of "work" are not the same, even if we generally use the same word to describe them.
Nope, I would probably even quit at 250K of savings. Take some time off, then maybe learn pixel art / design , and spend 2 years to make a game or SaaS to get around 2k income per month for 2 years and then repeat the cycle. The initial money secures basic housing and bills, and the small monthly income is good enough for me.
Investors are not investing in small startups much, perhaps due to high interest rates.
Now is a great time to invest in small startups applying ML to realworld problems, and will result in a lot of useful new tech being built.
Id make a lot of small bets on early stage startups of this kind - and perhaps top up when they get a POC and at MVP / early traction stage.
It would almost be worth buying a building in Danang Vietnam, and hosting small teams for 3m at a time to get more bang for your buck - ie. rent arbitrage / quadruple the effective runway due to low cost of living.
Would I keep showing up to the job I had in 2015? Yes, not forever, but at least for a time. It was enjoyable socially and practicing the craft is enjoyable. At jobs like that, the ability to enjoy the craft outweighed the downsides of having to manage a job/career.
Would I keep showing up to the most recent job I had? Or seek out a job in what the market has become, or take a job in what the field has become? And what has become of the craft? Absolutely not. I retired with much less money than $10m, my living expenses are low.
Unfortunately my wife has a terminal illness, and while $10m would be quite a lot, when facing the bills of ALS without proper health insurance, that could run out very quickly. With $10m, I'd work, but do all of the things that I don't have the guts to ask for now: Go fully remote all the time (something that I'll likely have to do within the next few years to be a partial caretaker). When the bad times come, which they will, if I had $10m in the bank I'd walk away from the job and focus entirely on being the most present father that I can be.
Over the last couple years of her illness, I've become the sole caretaker of our young kids, and it's changed me dramatically. Being a parent can be exhausting, and I've always loved it, but I also loved logging into work and doing productive things, contributing to (what I thought were) important software projects, and working with my colleagues. I always loved the camaraderie of the work place and my colleagues. That's shifted entirely in the last 2 years. Other than the paycheck to maintain my kids' quality of life, other than the health insurance that we're now inextricably tethered to (something that I never had an appreciation for as a young, relatively healthy single or married-but-no-kids person), I just don't care about anything at work other than doing what I have to do to maintain those things.
$10M in the bank is very different for a family of 4 staying in VHCOL (Bay Area/ Manhattan) vs single person staying in Bangkok. The answer to this question depends on a lot on that versus job satisfaction etc.
Not sure why people like the bay area so much. Move someplace else and retire. Most anywhere in the US is going to be dramatically cheaper.
Buy a summer place on a lake in the Midwest for under 200k. Get a winter place somewhere warmer, since the weather must be what people like about CA. We have tons of retirees doing this with well under $10M.
I'm surprised nobody has mentioned the legendary Office Space scene yet: https://www.youtube.com/watch?v=Wu2HhlTEHMc
I would quit my job and start my own freelance consulting business. No doubt my employer would hire me and I could escape the internal bureaucracy I have to deal with. Probably do part time as well.
You need $10M in bank to do that? Sounds like you should just do this. What's holding you back?
No. Gonna dive 100% into my hobby xv6 OS project which I'm already working on.
I don't need $10M, 1 or 2 is good enough. I'm going to pay back all debts, rent a cabin (last checked about 127 CAD per night) for a few weeks and bring my son with me for a few nights. I'm also going to buy a telescope. 4-6 hours of kernel hacking at day, and 2-3 hours of stargazing during the night. Heaven!
Not to the current job. I'd still want to use same skills, but I'd probably find some research groups assist for free.
If I had $1M in the bank I would leave (probably to start my own thing, but maybe to volunteer or even just take a risk on a new job).
Probably so. I'm in academia as a teacher and as a researcher. I like teaching and I like research. If I were "rich" I'd probably do both things with a much clearer state of mind.
Not an easy question to answer.
On one hand I really like my job and get treated well and like being part of something bigger than myself. On the other hand it would be attractive to spend more time working on some ideas I have.
I might keep working doing what I do now.
I have the job I want. I work remotely. I “retired my wife” when she was 44 8 years into our marriage in 2020 (I was 45) so we could travel and she could pursue her passions. There is really nothing I want to do that work stops me from doing. We travel, we have done the year long “digital nomad” thing, I can go home and spend time with my aging parents and our adult kids (my stepsons) for an extended time.
My other hobbies is I’m a gym rat and just hang out with friends and my wife.
I work in consulting so I never get bored working on the same problem. I’m a staff consultant so the company I work for really gives me almost complete autonomy. I get assigned a project and for the most part I get to lead the projects the way I want.
No. My labor is transactional. The rest of my time is leisure.
Same reason why I have no interest in working weekends. Is the CEO going to come by my house on Saturday and mow my lawn? Wait, HR said we were family...
No. For me, work pays my bills and funds my (modest) lifestyle. With $10 million in the bank (or invested wisely), I won't need to work. I could continue to live my life the way I do and not have to worry about the ridiculousness of the corporate world.
It took me awhile, but I arrived at "no".
What I enjoy: the programming, the messing with large systems and solving challenging problems.
What I don't enjoy: the politics, the meetings, the ineptitude of colleagues (nobody hired in the last 10 years seems qualified to do their job), the infrastructure rot and misconfigurations.
I arrived at yes, for the same reason. There are plenty of open source and community projects you could through your time at, but with none of the obligations.
I would work, not for my current employer (or any employer) but for myself. I would setup a one-man LLC or similar and build products I'm proud of. If some of them work out and bring money, good! If not, also good.
Also, I wouldn't work 40h/week on it. More like ~10h/week. I would take it very slow, focusing on the parts that I enjoy the most (like deciding the font of the website for my product, or deciding the dir. structure of my backend, or thinking about that algorithm for days or weeks until I got it right).
I don't like tech companies. I work for one because they pay good. I love my career nevertheless and I become better at it in my free time (that's another reason tech companies pay me good money, because I'm good at it... but I couldn't care less about their products; I pass their interviews with a fake facade)
If you live in a modern 1st world country and have a family, at least 1 child or some old relatives and at least minimal ambition to eat good food and have okay level of life - 10M is not much at all.
It’ll get you okayish to allright property (depending on the region), will cover all basic expenses and (if you don’t have anyone with serious illness or financial problems) some non basic ones. For up to 10 years max.
Then what?
If you want to hear people’s passions I suggest using vague “F U money” term instead of a pretty small specific number.
This makes no sense. By this logic, anyone spending less than 1M per year only has an "okayish" lifestyle.
10 million earning 4% is 400k per year. That's a good bay area salary.
I mean, $10m comes out to $400k in year at the 4% rule which is top 2-3% income in the US. And top 1% in Europe. I guess being in the top 1% is barely scraping by nowadays.
This is a good question. Many of us work out of blind habit or to support a lifestyle we didn't consciously choose. Asking this question can lead to freedom, no matter how much money you have and no matter whether you work or not, because its a question that leads to living deliberately. Which I am all for. https://www.mrmoneymustache.com/
All these "NO" answers haha... makes sense why there are record layoffs and zombie/dead startups.
I think Claude Code will save many small businesses.
"Nobody wants to work anymore"[0] is a trope as old as industrialization itself.
0: https://www.reddit.com/r/antiwork/comments/w3si8l/nobody_wan...
A trope is a trope because it is commonly true for long periods of time. This proves nothing.
Cycles exist, and there can be periods of time where there is true passion in an industry followed by lack thereof.
A boom and bust economic system guarantees that there will always be times where a ton of "normies" enter tech who just want a paycheck during booms.
Is it really that surprising that a vast majority of people don't work a job that is not better than doing whatever they want whenever they want?
What do you mean? The layoffs have nothing to do with people loving their jobs or being loyal to their employers.
I just mean people are just not excited about tech as they used to be.
I would expect, out of all the sites on the Internet, that people would say something like trying to lead some initiative that they never had the courage to do so before leaving the company if given no opportunity for the love of the industry.
Most of my neighbors who have well more than $10M in the bank (Tesla stock, houses, cash, etc.) and they all work because they enjoy it. The younger neighbors quit and just sit around doing nothing but collecting rent money from houses.
But of course, the only constant in life is that things will change. It isn't that surprising I suppose.
I would not show up, I'd sell the business, and work on more fun projects.
I have written code for 40years, self-taught from 6502 to C++ and now Node.js, and I have always loved it.
Short answer: No.
Long answer: maybe I would wrap up a few outstanding projects and then retire?
Absolutely not. I'd be doing more enjoyable and meaningful projects instead.
No.
I have a cushy job, especially when I compare it to how many other people earn money, but it's still a job rather than a passion. The social aspect is all well and good, but much (but not all) of it in a company is actually quite fake.
I do, and I don’t. Not for lack of trying, but a (non-exec) job is usually full of people who are not in that situation and it creates all sorts of awkwardness I’d rather not deal with. For example, I was out at a team dinner one time and someone asked me where I lived and when I’d bought my place, and they replied with “so you’re rich then,” and I had nothing to say to that except feel awkward.
Also when shit hits the fan layoff-wise management tries to use fear as leverage, which just causes me to quit, leaving my teammates in the lurch. (I’m reminded that Warren Buffett said they don’t try to manage most of the business mangers under them, because many of them are independently wealthy and that would take away their desire to keep showing up. That’s probably why execs are insulated from these dramas too.)
Lastly, if you work with vapid people as I did, they will low-key judge you by your possessions while flaunting theirs, and that’s just nonsense I don’t need in my life.
That being said, I don’t mind working, just not “for money alone,” if that makes sense.
Hell no. I would mess with my stuff, no AI, no bullshit, just fun programming. But I would also do things for myself: better health, better food, better socialization.
https://news.ycombinator.com/item?id=46545404
send me $10m and then i'll let you know
Probably as an Eng manager because I remember Eng managers did jack shit. I’d just flex on the rest by showing up in my Ferrari. What are they gonna do? Fire me?
I’d rather have an engineering manager who does nothing rather than one who wastes everyone’s time and runs around trying to get credit for everything under the sun while throwing people under the bus if anything goes sideways.
I’ve had over a dozen managers and they were useless. Every few quarters there’d be a re org as the company grew and we would shuffle teams.
It was a mess and the common point was a useless Eng manager who never remembered shit and usually contributed jack shit.
But I had one cool manager who was old and rich. He was cool and harmlessly incompetent.
I would still do a job, but it would be something that is important to me.
And $10M would require some up-front management and ongoing maintenance to develop an index-tracked revenue stream from it. I mean, aside from an initial disbursement meant to wipe out harmful debts and get a few small toys, the vast majority of that $10M would go towards being productive revenue-generating assets. No, not from the backs of other members of the working class like rental homes, but via stocks that generate dividends.
For one, I would likely adopt one or more open-source projects that have people struggling to be maintainers, and to fund them in some manner via the dividend income. Kind of like a “you no longer have to worry about food and shelter needs anymore” type of support.
It’s not like I would be able to support oodles of projects like this, but a choice project or three that is vital to the entire tech ecosystem and which desperately needs to remain independent of corporate influence… yeah. I already know of a few.
> And $10M would require some up-front management and ongoing maintenance to develop an index-tracked revenue stream from it.
Buy $5M of VOO and $5M of VTEB or BND. Send dividends to your bank account. When your bank account is over the FDIC limit, buy more of whichever fund has less $. Dividend yield on VOO is about 1%, bond fund is aboit 3%, approximately $200k/year from dividends, but if that's not enough, sell from the fund with more $ as needed.
Probably check with your insurer and get an umbrella policy for $5M+ cause they're cheap and you don't want to get a judgement and lose out on the easy life.
Send me a check for about $10k a year as a reminder of how much work I did for you right here in the open :P (j/k, I'm not a financial advisor, I can't take compensation for this). You could do something fancier, or think about your preferred stock/bond ratio, but $10M is enough that anything safe (80:20 to 20:80) will work unless you overspend.
no
I believe that unless one manages to regress to our primal animal state the brain has a need to think about something in order not to think about self and the possible dark existential stuff which should absolutely be ignored and avoided.
In this scenario the best possible way to occupy the brain is to set goals and build discipline towards reaching such goals.
Even pleasurable stuff like music or social connection or even I'd go as far as sex might seem 'not work' on day-1 after you fire yourself after receving the 10mil cheque
But On day 60 after leaving work with 10m
1) the 'fucking around' on the fretboard becomes 'practicing scales for at least 30 mins'
2) the hanging out at the bar becomes 'organizing parties in a way to maximize social fun with games etc'
3) the 'ONS from the club' becomes 'trying to find an escort with girl-next-door look who'd also offer Pornstar sex service and greek sex service'
Every human endevour of any kind has an S-curve type shape where after a while if you want to progress and get novelty from higher experiences you must apply IQ and discipline and so it becomes a 'work'
Leonardo Da Vinci after having signed off all the accomplishments that we know basically turned wedding planner and party organizer in Milan , I suppose orgy organizer too but don't quote me on that, and guess what? After 60 days or so it became a 'job' for him to put the pieces together in a way to reach an amazing social result.
Same with today marriages, happiest day of her life? It's the most work of her life too to get those 8 hours or whatever is the party lenght exactly right
There are two kinds of work being conflated here.
In The Prophet (1923), Kahlil Gibran writes On Work: "Work is love made visible." This is the kind of work you're talking about.
However, the OP question is "would you still show up to work?" This kind of work is usually for a for-profit company owned by capitalists, with their time controlled by their employer, and their effort disconnected from its impact (the alienation of the worker, per Marx).
It makes total sense that someone would stop "showing up to [someone else's] work" and start developing their own independent work ethic towards their own goals. These two types of "work" are not the same, even if we generally use the same word to describe them.