So flake mentioned something about starting a dating site yesterday in chat and than u4e acted like a douche and it reminded of this socially awkward Canadian who is making bank while doing absolutely nothing.
http://www.inc.com/magazine/20090101/and-the-mone…
Getting paid while everyone else is trying to get laid.
That could be us.
"This person is unknown and undistinguished. He hasn't gone to MIT, Stanford, or any other four-year college for that matter..."
yeah but where's the prestige in that?
Did you miss the $10 mil a year part?
Plus, when you value it at a ~4x EV/REV multiple1 and consider the fact that the article says he has margins of ~50%, you have a guy that owns all of the equity on an $80M asset that he expended a negligible amount of energy to create. FUCK your prestige.
1 Source = random Canaccord report I found that initiates on LNKD + me removing some of the shitty companies like AOL for a VERY official back-of-envelope style calc.
-NR
So, he likely had more fun in college, got laid more AND NR's points still hold true.
What's the problem?
Working 1 hour a day and cashing in 10 million a year is more than enough prestige for me personally.
NR you're my hero.
More like socially awesome.
I get the feeling he's probably something of a socially awkward guy, thus creating an internet dating site...
but now he's a baller :-p
lol No matter how much money this guy has, he will NEVER be prestigious! Never. I mean, come on - he didn't go to HBS, didn't work at GS or MS or M/B/B. Even if he had $10B, he would always be underendowed in the prestige department. I don't even know why our system allows unpedigreed people to become rich. We have so many hardworking H/Y/P 3.9 GPA kids who work their asses off only to end up working in some dead-end exit op that pays 300-500k. And suddenly, out of nowhere, comes this social retard, who didn't even go to an ivy, wasn't a president of a college club, has never volunteered building homes in Africa or at least at a soup kitchen, has no extracurriculars and therefore no personality, and starts pulling in some serious coin. Our society is getting more fucked up with each day.
I hope you're being sarcastic
never volunteered building homes in Africia? seriously? you know this how?
i haven't met many bankers / traders who have built homes in Africia. Central / South America, yes, Africia, no.
Hahaha, NRG, Li-Ka Shing can own you in any day at any time
Your right! He wasn't president of a college club?! How dare he use the free market to funnel the unearned dollars of people who enjoy using his service into his undeserving pockets!
lmao
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