IF you sell out for big cash, what to do with the money? - GoFuckYourself.com

slapass · 06-10-2012, 08:40 AM

I always wonder what the guys do with the cash. Meebo or Instagram sells and now the owner has a few hundred million after tax. What the hell do you do with that? Do you trust a bank not to fold and fuck you? Do you trust 5 or ten? A brokerage house? How much return can you get on that money? Are you going to buy t bills and get 3%?

Ideally you could put 50% in some SP500 fund and rest in bnds but at 200 million you would be too much of the fund. What if it closes, goes under or defrauds you?

Nice problems to have but i bet it is a bit of a nightmare as it is just so much...

BIGTYMER · 06-10-2012, 08:41 AM

They keep investing and starting new startups.

famous · 06-10-2012, 09:10 AM

hookers and blow

raymor · 06-10-2012, 09:23 AM

Quote:

Originally Posted by BIGTYMER

They keep investing and starting new startups.

It amazes me how many people with $10 million plus do that but don't put aside a million to retire, so they end up broke. Just because one business was successful doesn't mean the next pinder will be. For example, just because your digital wallet service was successful doesn't mean you'll be successful as a movie producer.

epitome · 06-10-2012, 09:25 AM

Since it takes a certain mindset and workaholic attitude, people rarely retire and keep going. The drive the got them rich won't let them stop.

Rochard · 06-10-2012, 10:24 AM

I would buy a house on the beach in Belize. I've never been, but my brother has a house and a fishing business down there. I'd invest in his business just because I could, buy a boat, and have fun.

Then I would buy a nice house here in the US, and restore old cars - meaning cars from the 1980s. I've always wanted a 1980s Monte Carlo SS, older Carmaros and Mustangs. In fact, I could see myself owning a classic car dealership buying old Mustangs and other sports cars and restoring them.

Of course lots of hookers and blow.

And then I would invest the rest in safe stocks.

pornmasta · 06-10-2012, 10:32 AM

i would buy some facebook shares !

HushMoney · 06-10-2012, 10:44 AM

Post on GFY.

Spunky · 06-10-2012, 10:54 AM

Real estate and hookers and blow

AsianDivaGirlsWebDude · 06-10-2012, 11:05 AM

Buy new friends...

ADG

candyflip · 06-10-2012, 11:13 AM

Quote:

Originally Posted by slapass

I always wonder what the guys do with the cash. Meebo or Instagram sells and now the owner has a few hundred million after tax. What the hell do you do with that? Do you trust a bank not to fold and fuck you? Do you trust 5 or ten? A brokerage house? How much return can you get on that money? Are you going to buy t bills and get 3%?

Ideally you could put 50% in some SP500 fund and rest in bnds but at 200 million you would be too much of the fund. What if it closes, goes under or defrauds you?

Nice problems to have but i bet it is a bit of a nightmare as it is just so much...

The Meebo founder will likely get very little from that deal, as they have initial investors who will be taking their cut as well.

Some of those investors will lose money as well, because they bought in to the company when it had a valuation of over $200 million dollars. (It just sold for $100 million).

Paul Markham · 06-10-2012, 11:25 AM

Quote:

Originally Posted by HushMoney

Post on GFY.

Then there would be two of us retirees laughing at those who have to work.

Seriously, spread the money around so if one goes down. The rest still pays out.

BareBacked · 06-10-2012, 02:37 PM

Quote:

Originally Posted by Rochard

I would buy a house on the beach in Belize. I've never been, but my brother has a house and a fishing business down there. I'd invest in his business just because I could, buy a boat, and have fun.

Then I would buy a nice house here in the US, and restore old cars - meaning cars from the 1980s. I've always wanted a 1980s Monte Carlo SS, older Carmaros and Mustangs. In fact, I could see myself owning a classic car dealership buying old Mustangs and other sports cars and restoring them.

Of course lots of hookers and blow.

And then I would invest the rest in safe stocks.

80's are about the worst era cars ever. Is there even one model worth restoring?/

slapass · 06-10-2012, 03:54 PM

Well I was thinking of the guys who score 100 million or more. You would be hard pressed to buy real estate. You would need to go commercial etc as a few houses would just be a drain.

But imagine you just sold your business for 100 million net to you. The IRS reaches out and snags 15 million. You get 85 million which you put to work in the market and bonds. You are now earning a nice 3% return before taxes. So you are taking home less then 2 million a year. You are mega rich and cash poor. Sure you can retire to Belize but you are not going to retire to Monaco.

Fap · 06-10-2012, 04:03 PM

Traditionally those people become Venture Capitalists or fund their next project(s)

EukerVoorn · 06-10-2012, 04:18 PM

Quote:

Originally Posted by slapass

I always wonder what the guys do with the cash. Meebo or Instagram sells and now the owner has a few hundred million after tax. What the hell do you do with that? Do you trust a bank not to fold and fuck you? Do you trust 5 or ten? A brokerage house? How much return can you get on that money? Are you going to buy t bills and get 3%?

Ideally you could put 50% in some SP500 fund and rest in bnds but at 200 million you would be too much of the fund. What if it closes, goes under or defrauds you?

Nice problems to have but i bet it is a bit of a nightmare as it is just so much...

You ask in here, GFY, where everybody is complaining that there is no money in porn, what they would do with a few hundred millions? Most in here are already having a party when they find a few thousand dollars on their bank account at the end of the month.

Also do you really think that YOU need to worry about what having to do with 200 million?

Stop dreaming dude

Mr Pheer · 06-10-2012, 04:39 PM

You'd never see me again unless you run in certain circles in the aviation industry, because that's where I'd be going.

anexsia · 06-10-2012, 08:13 PM

Investing in hookers and blow is the safe thing to do...you'll be happy!

keysync · 06-10-2012, 08:16 PM

I'd start a manufacturing company to hopefully employ thousands of people and pay them an above average wage with excellent benefits and NOT run it with accountants and lawyers but with good ole fashioned business sense and common decency. Something that has been a long time lacking in this county.

jimmy-3-way · 06-10-2012, 08:18 PM

Quote:

Originally Posted by BareBacked

80's are about the worst era cars ever. Is there even one model worth restoring?/

Hello!?! Ferrari Mondial!!!!

Thread closed!

grumpy · 06-11-2012, 03:42 AM

just enjoy life and so some good.

DamianJ · 06-11-2012, 03:53 AM

I'd buy a 10 grand cottage in a field outside brno, a 20 year old car, then post on GFY all day about how bad free porn is.

seeandsee · 06-11-2012, 04:01 AM

I would give a job to my best friends, they could clean my toilet, cut my garden and similar shit

)) j/k

I would invest in apartments, stocks and new ventures

blonda80 · 06-11-2012, 04:44 AM

a house on the beach sounds perfect

DWB · 06-11-2012, 05:41 AM

Quote:

Originally Posted by DamianJ

I'd buy a 10 grand cottage in a field outside brno, a 20 year old car, then post on GFY all day about how bad free porn is.

You're seriously moving into crazed stalker territory with your obsession with Paul.

PR_Glen · 06-11-2012, 05:56 AM

Quote:

Originally Posted by keysync

I'd start a manufacturing company to hopefully employ thousands of people and pay them an above average wage with excellent benefits and NOT run it with accountants and lawyers but with good ole fashioned business sense and common decency. Something that has been a long time lacking in this county.

so you'd go broke? Interesting.

'old fashion' business people who were successful used layers and accountants. Plenty of morons that thought they could go without pushing brooms though.

keysync · 06-11-2012, 06:26 AM

Quote:

Originally Posted by PR_Glen

so you'd go broke? Interesting.

'old fashion' business people who were successful used layers and accountants. Plenty of morons that thought they could go without pushing brooms though.

Who says being a nice guy to your employees would make you go broke?
Because if they think you give a shit about them they're going to be less productive?
If you pay them well with good benefits and incentives. That will kill the bottom line?

You obviously need accountants and lawyers. My point is that so much of corporate america has turned into businesses where the employees are only numbers to them. Workplace moral is shit, there's no pride in working for someone that couldn't care less if you quit.
And paying one ceo more than the combined total of all the employees wages is a bit extreme but it's a very real situation at some of the companies around where I live.

digitalfantasies · 06-11-2012, 06:34 AM

blow and hookers is the way to go... best ROI ever!!!

gleem · 06-11-2012, 09:41 AM

Quote:

Originally Posted by raymor

It amazes me how many people with $10 million plus do that but don't put aside a million to retire, so they end up broke. Just because one business was successful doesn't mean the next pinder will be. For example, just because your digital wallet service was successful doesn't mean you'll be successful as a movie producer.

To have 10k worth of income a month AFTER you retire you would need 3.3million on the day you retire assuming you have some conservative bonds or other insured guaranteed income investments at that time.

So to retire at say 40... assuming you live to 80 you would need at least 24 million (assuming you live in a non high expense city like NY/LA/San fran)

6 million for each family member so they never bother you for money (assuming 2 parents, 2 siblings, and some other cousins and stuff)

1 million for a killer house in the burbs.

1 million for a vacation cottage somewhere

1 million for travel

1 million for big toys (cars, boats etc..)

1 million to decorate your houses

1 million for killer clothes bought over 30 years ( last 10 years you won't care about clothes)

3 million for each kid in a trust fund (assuming you had 3 kids)

1 million every 5 years to start up bullshit biz ideas that fail and you don't care.

1 million blowout cash to buy misc stuff you see on tv, malls, computers, tv's etc..

And in the end You would need at least 7 million in investments earning income to live like a pimp at $20k a month after age of 65.

After you die you should will the remaining money to a local non gov run animal shelter, preferably cat shelter, I can give you a good list.

This is how I'm setup..

DamianJ · 06-11-2012, 09:43 AM

Quote:

Originally Posted by DWB

You're seriously moving into crazed stalker territory with your obsession with Paul.

He posted google maps images of my house, he paid to access the UK census website to try and find out where I had moved to.

All I do is mock the guy, he is the real stalker. But feel free to pop me on ignore if it bothers you.

SoulTaker · 06-11-2012, 09:44 AM

Quote:

Originally Posted by raymor

It amazes me how many people with $10 million plus do that but don't put aside a million to retire, so they end up broke. Just because one business was successful doesn't mean the next pinder will be. For example, just because your digital wallet service was successful doesn't mean you'll be successful as a movie producer.

But if you're not successful as a movie producer you can just steal all the money from your old business and still retire

sleazydoesit · 06-11-2012, 10:10 AM

I dunno what people actually do with that kind of cash, but I honestly think I'd dive headfirst into philanthropy. Probably keep some side projects brewing, but I can think of few things in life that would be more rewarding than doing all kinds of good shit all the time. Still keep enough aside to live like the world's biggest pimp and hand some down to the kids/nephews/etc., but overall do something meaningful.

pornguy · 06-11-2012, 11:56 AM

Quote:

Originally Posted by Mr Pheer

You'd never see me again unless you run in certain circles in the aviation industry, because that's where I'd be going.

Fly in certain circles.

BareBacked · 06-11-2012, 02:36 PM

Quote:

Originally Posted by jimmy-3-way

Hello!?! Ferrari Mondial!!!!

Thread closed!

I have no idea about foreign 80's cars so you might be right there.
I was thinking USA stuff

KiLLinUm · 06-11-2012, 02:37 PM

if i sold out for big cash i would buy a fiji island and live there the rest of my life

garce · 06-11-2012, 02:48 PM

My house would be full of guns, dogs, angry Muslims (I have a thing for hot babes in burkas...), and very comfortable mattresses.

Right now, though, my house is just full of shattered dreams...

garce · 06-11-2012, 02:59 PM

Quote:

Originally Posted by KiLLinUm

if i sold out for big cash i would buy a fiji island and live there the rest of my life

That is brilliant. I need to modify my previous post...

I would call my island "I Land". I would cover it with guns, dogs, laser-wielding sharks, and angry - yet very sexy - lingerie wearing Muslim and Hindi women (they would get along on my island, dammit! That IS the law!)

In the spirit of politicians everywhere, I would make the possession of drugs, alcohol and pornography punishable by blowjobs - or death (if you're male and don't have surgically implanted breasts...) Of course, I'd always be stoned and drunk - and whacking off to porn.

Give me 500 million dollars. I'm not going to invest it - or give a shit. I'll buy Nigeria (or maybe Greece - its probably worth less right now) and start sending you guys and your families emails - then I'll follow up with a "Just kidding, idiot!"

Meanwhile, I'll create a mattress company and sell my sleep platforms for $1,000,000 a pop.

I could go on but I'm already pushing it...

06-10-2012, 08:40 AM	#1
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	IF you sell out for big cash, what to do with the money? I always wonder what the guys do with the cash. Meebo or Instagram sells and now the owner has a few hundred million after tax. What the hell do you do with that? Do you trust a bank not to fold and fuck you? Do you trust 5 or ten? A brokerage house? How much return can you get on that money? Are you going to buy t bills and get 3%? Ideally you could put 50% in some SP500 fund and rest in bnds but at 200 million you would be too much of the fund. What if it closes, goes under or defrauds you? Nice problems to have but i bet it is a bit of a nightmare as it is just so much...

06-10-2012, 10:24 AM	#6
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 73,431	I would buy a house on the beach in Belize. I've never been, but my brother has a house and a fishing business down there. I'd invest in his business just because I could, buy a boat, and have fun. Then I would buy a nice house here in the US, and restore old cars - meaning cars from the 1980s. I've always wanted a 1980s Monte Carlo SS, older Carmaros and Mustangs. In fact, I could see myself owning a classic car dealership buying old Mustangs and other sports cars and restoring them. Of course lots of hookers and blow. And then I would invest the rest in safe stocks. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

06-10-2012, 10:44 AM	#8
HushMoney Confirmed User Industry Role: Join Date: Apr 2005 Location: Hermosa Beach & Miami, FL. Posts: 2,256	Post on GFY. __________________ Hushmoney.com Interracialpass Hushpass

06-10-2012, 10:54 AM	#9
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,934	Real estate and hookers and blow __________________ *YOUR INFORMATION HERE*

06-10-2012, 11:05 AM	#10
AsianDivaGirlsWebDude Purveyor, Fine Asian Porn Industry Role: Join Date: Jul 2004 Location: San Francisco Bay Area Posts: 38,323	Buy new friends... ADG __________________ Asian Diva Girls - Exclusive Photos and Videos Asian Diva Girls Affiliate Program (50% ccBill Revshare)

06-10-2012, 08:41 AM	#2
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	They keep investing and starting new startups.

06-10-2012, 09:10 AM	#3
famous Confirmed User Join Date: May 2002 Posts: 675	hookers and blow

06-10-2012, 09:25 AM	#5
epitome So Fucking Lame Industry Role: Join Date: Jun 2009 Location: St. Petersburg, FL Posts: 12,156	Since it takes a certain mindset and workaholic attitude, people rarely retire and keep going. The drive the got them rich won't let them stop.

06-10-2012, 10:32 AM	#7
pornmasta Too lazy to set a custom title Join Date: Jun 2006 Posts: 19,086	i would buy some facebook shares !

06-10-2012, 03:54 PM	#14
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	Well I was thinking of the guys who score 100 million or more. You would be hard pressed to buy real estate. You would need to go commercial etc as a few houses would just be a drain. But imagine you just sold your business for 100 million net to you. The IRS reaches out and snags 15 million. You get 85 million which you put to work in the market and bonds. You are now earning a nice 3% return before taxes. So you are taking home less then 2 million a year. You are mega rich and cash poor. Sure you can retire to Belize but you are not going to retire to Monaco.

06-10-2012, 04:03 PM	#15
Fap Just Du It Industry Role: Join Date: Feb 2004 Posts: 12,094	Traditionally those people become Venture Capitalists or fund their next project(s)

06-10-2012, 04:39 PM	#17
Mr Pheer Confirmed User Industry Role: Join Date: Dec 2002 Posts: 20,887	You'd never see me again unless you run in certain circles in the aviation industry, because that's where I'd be going.

06-10-2012, 08:13 PM	#18
anexsia Confirmed User Industry Role: Join Date: May 2010 Posts: 5,735	Investing in hookers and blow is the safe thing to do...you'll be happy!

06-10-2012, 08:16 PM	#19
keysync Living the Dream Industry Role: Join Date: Sep 2011 Location: Murica Posts: 2,376	I'd start a manufacturing company to hopefully employ thousands of people and pay them an above average wage with excellent benefits and NOT run it with accountants and lawyers but with good ole fashioned business sense and common decency. Something that has been a long time lacking in this county. __________________

06-11-2012, 03:42 AM	#21
grumpy Too lazy to set a custom title Join Date: Jan 2002 Location: Holland Posts: 9,870	just enjoy life and so some good. __________________ Don't let greediness blur your vision \| You gotta let some shit slide icq - 441-456-888

06-11-2012, 03:53 AM	#22
DamianJ Too lazy to set a custom title Industry Role: Join Date: Jul 2006 Location: A magical land Posts: 15,808	I'd buy a 10 grand cottage in a field outside brno, a 20 year old car, then post on GFY all day about how bad free porn is.

06-11-2012, 04:01 AM	#23
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	I would give a job to my best friends, they could clean my toilet, cut my garden and similar shit )) j/k I would invest in apartments, stocks and new ventures __________________ BUY MY SIG - 50$/Year Contact here

06-11-2012, 04:44 AM	#24
blonda80 FOR HIRE: AFF Manager Industry Role: Join Date: May 2006 Location: EU Posts: 10,959	a house on the beach sounds perfect __________________ Weekly Paying Affiliate Program with Dating Cam Offers! TrafficGoldmine.com is the official home of HookUP.com They offer payments by PayPal, Paxum, BTC, Bkash, Webmoney & more!

06-11-2012, 06:34 AM	#28
digitalfantasies Confirmed User Industry Role: Join Date: Sep 2010 Location: Caribbean Posts: 2,692	blow and hookers is the way to go... best ROI ever!!! __________________

06-11-2012, 10:10 AM	#32
sleazydoesit Confirmed User Industry Role: Join Date: May 2011 Location: Seoul, Korea Posts: 343	I dunno what people actually do with that kind of cash, but I honestly think I'd dive headfirst into philanthropy. Probably keep some side projects brewing, but I can think of few things in life that would be more rewarding than doing all kinds of good shit all the time. Still keep enough aside to live like the world's biggest pimp and hand some down to the kids/nephews/etc., but overall do something meaningful. Last edited by sleazydoesit; 06-11-2012 at 10:12 AM..

06-11-2012, 02:37 PM	#35
KiLLinUm Registered User Industry Role: Join Date: Jun 2012 Posts: 15	if i sold out for big cash i would buy a fiji island and live there the rest of my life

06-11-2012, 02:48 PM	#36
garce Confirmed User Industry Role: Join Date: Oct 2001 Location: Toronto Posts: 7,103	My house would be full of guns, dogs, angry Muslims (I have a thing for hot babes in burkas...), and very comfortable mattresses. Right now, though, my house is just full of shattered dreams...