Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Sam Altman sold a company before most people enter professional life, so while I agree with him that equity and ownership is the best way to extreme wealth, I think he should probably acknowledge the TONS of people making great money who are quite wealthy on a salary basis as well. Discounting that as a "young man's misunderstanding" seems... weird.


Consist the number of people making "great money" but having little or no actual wealth (that only sounds contradictory initially).

The ones who become wealthy through salary typically do that by converting a lot of "excess" salary into equity in something, the earlier the better.


Well it depends what you mean by "TONS" of people, or "great money", but I don't think you're right. Most people on a salary don't make enough money to be considered rich, IMO.


The 60,000 employees at Google seem to be making "great money". That seems like several Tons.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: