They completely destroyed the value of their brand with that. It was crazy. I really liked the concept of Triplebyte, even though I never found a job through them. I would get requests from reputable companies occassionally. After that incident, I never got anything again. I would have considered using Triplebyte from the employer side prior to that, but not after. What a disgrace.
I have no idea why Hashicorp didn't use it. The point is just that if you made a contract for something and they hold up their end, you've gotta hold up your end, even if you ended up not using what they provided.
I'm sure there are cases where doing a specific thing (e.g. buying another company, or paying off particular debts) with the money is part of the deal. And sometimes an investor will demand a board seat which gives them a way to influence other decisions. But I'd be amazed if a VC wanted a "spend the money on something" provision - if you really can't think of anything to use the money for, letting it sit is better than burning it. You're always obliged to use your best business judgement on behalf of your shareholders, which would seem to cover making use of the money if you have a good use for it, and not if you don't.
Unless you grow everything yourself, the production of fruits and vegetables that you consume also involve exploitation and suffering. The humans aren't being eaten, but they're hung out to dry all the same.
Even if you do grow everything yourself, people had to suffer to obtain the nitrogen and phosphorus in your fertilizer.
I think I would need 1.2 million to retire, assuming I planned to not have a full-time job for 30 years afterwards. This is based on my annual spend being roughly ~$40,000, with interest and inflation (hopefully) cancelling each other out.
I don't see myself retiring unless I become unable to work in tech. Unless I somehow got rich.
> I don't see myself retiring unless I become unable to work in tech. Unless I somehow got rich.
Yeah, the classic vision of retirement is mostly a 20th century quirk from the era of pensions.
More generally, people just tend to do different work as they age, enjoy the growing support of people they were generous with or loyal to while they were younger, and eventually maybe get infirm and need full support for a little while.
If you worked yourself to death as a bureaucratic cog for forty years and need to finally reward yourself with a decade of full-time travel and golf, that’s fine, but there are other ways to have navigated the whole experience such that you don’t seed such a harsh transition (nor the giant stockpile of wealth that dream begs for).
For a lot of us “hacker” people that are careful not to burn ourselves out along the way, we’ll be tinkering on things that are valuable for people right up until the end and can expect some cash flow from that if we need it.
> enjoy the growing support of people they were generous with or loyal to while they were younger
Lucky them. This isn't the rule though. The rule is that they will be paying it forward to the next younger generation, not to pay it back to the one before.
But even among deeply Americanized families we’re already seeing a return to multi-generational households as independent living becomes harder for everyone. As that takes hold, you don’t see a lot of families throwing the old fella to the street just because he can’t pay an equal share of the rent anymore. Everybody’s just making it work together.
It depends entirely on your life circumstances. It can feel like a vacation if your partner is still earning 6x+ the median national household income, you have ample savings and multiple years of runway for any immediate debts that can't become delinquent without significant consequences, and you have wealthy parents to fall back on on top of everything else.
(for the record, I don't have any of these aside from the runway, since I have no significant debts due to the lack of a mortgage)
The native allies were the main sources of victims for those mass sacrifices, so I think their motivation to fight and kill their former masters was rather high.