Reply to Husband wants to take a huge paycut to join a startup

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[quote=Anonymous][quote=Anonymous]

I thought we were saving up for a "rainy day" so to speak. He has talked about this but I never thought it would seriously happen. I always assumed it was a pipe dream. He really likes his job, the hours are really good, the people are nice. We have a good thing going. Why rock the boat on the off chance that you might make 10M in a buyout, kwim? We don't need a 10M payout. We live fine as it is.[/quote]

Startup person here. Two reasons:

1. It's fun. Not the money, but startups are wild and crazy and also a great experience. I was in one during the dot-com days, and learned a huge amount because I had to do so many different things every day. At one point, my paper worth was $10mln but it was $0 by the time I left (dot-com crash), which is fine. Then I took that know-how and started another startup, and we're multi-millionaires now.

2. The $10m payout, along with your existing savings, is enough that he can retire forever. That's not a bad way to live.[/quote]

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