Who has a billion dollars? Your net worth is what someone is willing to pay for what you have, whether you've sold it or not. If a famous painter paints a new portrait, the value he's created wasn't taken from anyone. Nor if an entrepreneur creates a much-loved product.https://twitter.com/peterdaou/status/1206656298625966081 …
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Not all wealth. Wealth over $1 billion. Once you reach that threshold and continue to try and accumulate wealth you become a villain. You have 100% freedom in your life at that point and could help millions that are not able to help themselves.
Look, I can't continue talking to you about this until you give me some indication that you understand the difference between founding a company with some valuation & literally having that money in the bank, such that you or someone else could actually spend it to help themselves
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In fairness, I think it's important to appreciate that control of a company's capital is worth more than consumer dollars when it comes to actual power over people's lives. AWS is fantastic, but if Bezos ever ordered it shut down, even for a few minutes, the damage would be huge.
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I am not one of these people who thinks that wealth accumulation is necessarily bad, but it has the potential to be. And "wet worth" is not really what people are objecting to, even if they have trouble articulating their true objections.
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Even a lot of these founders spend long periods of time living off of *loans* so they don't have to sell their ownership stake in the companies they're building in order to pay their bills. This kind of wealth is not the same thing as having a wallet full of cash.
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