Really awesome that he was able to do this and give back, but none of this would have been possible without his unfathomable wealth and access.
Really awesome that he was able to do this and give back, but none of this would have been possible without his unfathomable wealth and access.
That's not a "but". Because he developed wealth and access, this is possible for one person when before it wasn't possible for anyone. This is how societies developed everything from refined sugar to rockets, as they passed various thresholds where individuals could afford to try things out.
And all of a sudden, I was bestowed with the greed to acquire more money than I can spend in a single lifetime. If I get cancer, I'd rather be rich and be able to do stuff like that, rather than die quietly.
According to some online sources his total wealth is under $3B. Hardly ‘unfathomable wealth’ IMO. Sure, billionaire territory but nowhere near the ultra-wealthy.
3 billion is ultra wealthy, you can't be serious.
It’s entry-level billionaires club. The top 10 each hold $100B–$300B+, so the wealth distribution is extraordinarily skewed even within billionaires themselves. Musk is hundreds of times richer. Hardly obscenely rich.
It's entry-level obscenely rich club.
I must be talking to AI
This AI recommends you visualize inequality at scale and see the difference between 1B vs 300B. https://youtu.be/c7sr46hxVM4
The percentile ranking increase is greater between median human and 1B compared to 1B and 300B. Bad AI
Friend, $3B is unfathomable wealth for an individual.
I can fathom 3B, I can’t fathom 300B
Quick, without doing any kind of Googling or calculation: if I asked you to count 3B grains of rice by hand, how long would that take you? How big would that pile of rice be? How long would it take you to eat it?
A billion is already unfathomably large. If you think it isn't, you just haven't tried imagining what a billion of anything would be like.
Yes, big number better, everyone gets it.
The point is that you’re deluding yourself if you think that there is any difference in terms of relative “unfathomability” between 3 billion and 300 billion.
3 billion generates more in interest per day than 99.99% of people make in a year. That’s unfathomable volumes of wealth for even the very rich.
This comment left me speechless... There are just a bit over 3000 billionaires in the world, 900 in the USA. If $3B isn't "unfathomable wealth" I don't know what is.
This is an excellent use of his wealth and skills. Much better than Steve Jobs' response.
I remember reading a similar article about a (cancer?) patient who used 3D printing for his personalized cure.
There are grad students babying organoids right now. Saturday morning. If you can work a pipette you can do this.
Feeling inspired?
It’s more like I hope more bad things happen to rich and powerful people so they start doing something against it. As long as it happens to ordinary people most of then hardly care.
Reminds me of the GOP who was against stem cell treatments until Reagan got Alzheimer‘s
> ...but none of this would have been possible without his unfathomable wealth and access.
?
What's that supposed to mean? Is that bad?
You can do the same thing as he did, what's stopping you?
wealth and access that is merely fathomable
You can literally apply to YC, just like Sid and now you are reading his story.
He did not come from any of those backgrounds.
Wealth is mostly based on either luck and more often heritage.
Not only Sid didn't come from any of those backgrounds, neither did the founder of Freshworks who literally started his company based on reading a hacker news comment. [0]
So I only see more excuses here.
[0] https://news.ycombinator.com/item?id=28336815
So it was luck
Nope. He applied to YC and took that risk and already knew how to make money.
You miss 100% of the shots if you do. not. try.
But you don’t hit 100% if you try. That’s where the luck part comes into play.
Right time, right place