Not to disparage your entirely valid argument, but:
> Everyone has heard stories - entrepreneurs cashing out with Fuck You money, and can't buy a condo - because none are on sale, at any price.
That's not what "Fuck You money" means.
"Fuck you money" is buying the entire block and tearing down all the other condos and then buying the real estate company and firing the realtor who showed it just for giggles.
It's an entirely different order of magnitude from "wealthy" or even "filthy rich".
It's the ability to say "fuck you" to literally anyone— with impunity.
Very few people in the tech community have reached this level. Indeed, very few _humans_ have, from any sector.
Having had this discussion with a number of my fellow San Franciscans, I'd say that "fuck you money" is the amount that grants you fiscal independence. Because at that point you can say "fuck you" to a boss without worrying.
The numbers I've heard people discuss are in the $3-10m range, on the theory that with that you can buy decent condo or house here, put the rest in the market, and live off your gains.
I don't know. I've always operated under the assumption that UHNWIs[1] are the people that have "Fuck You Money". The kind of money you are talking about is billionaire money.
> Everyone has heard stories - entrepreneurs cashing out with Fuck You money, and can't buy a condo - because none are on sale, at any price.
That's not what "Fuck You money" means.
"Fuck you money" is buying the entire block and tearing down all the other condos and then buying the real estate company and firing the realtor who showed it just for giggles.
It's an entirely different order of magnitude from "wealthy" or even "filthy rich".
It's the ability to say "fuck you" to literally anyone— with impunity.
Very few people in the tech community have reached this level. Indeed, very few _humans_ have, from any sector.