Jack Neel
๐ค SpeakerAppearances Over Time
Podcast Appearances
I like took a lower salary to try to get as much equity as possible.
But I think I fell victim to the sentiment like, oh, bet on yourself.
I didn't even like pay the strike price to invest my shares.
And I looked at it the other day and the company had sold.
And I was like, shit, I didn't know how much for, but yeah.
Yeah.
If someone gives you the opportunity for equity, it's usually worth it.
If you think they have a good chance of selling, especially if people are building to sell, it feels like some people are building to sell quickly versus some people are building to sell on a longer time horizon.
I do want to ask you, what do billionaires know about money that
people just starting out in entrepreneurship don't realize?
Like what's something you wish you knew about the way money works itself or things you can do with your money like two years ago, four years ago?
Cash doesn't.
And do stocks really go up, though?
Like if you're just doing S&P, or is it just kind of like a wealth maintenance thing from your perspective?
I'm not entirely sure.
I think the average is 10% with accounts for inflation and be like 5% returns.
Okay.
You're one of the few AI billionaires that
It's funny that it's even a contrarian perspective on the future of AI, but why do you think AI isn't going to kill us all?
By that same token, just to clarify, because I think this is fairly high level thinking, but I understand what you're saying about it, is basically you feel as though you're the type of individual who,