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   Would You Write A Book with $300 Million In The B
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pearl
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Would You Write A Book with $300 Million In The B
« on: Aug 2nd, 2005, 5:18am »
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I'm reading USA Today and this guy Mark Hughes has come out with a new book
about how to promote your company and generate buzz?
 
According to the article:
 
"Half.com was sold in 2000 to eBay in a deal valued at more than $300 million."
 
Here's my question .....
 
Would you write a book if you were sitting on $300 MillionHuh
 
(I am certain this dude didn't net the whole chunk of change, but he's got
to be doing really really well.)
 
Buzzmarketing Amazon Link:  http://www.amazon.com/exec/obidos/ASIN/1591840929
USA Today Link:  http://www.usatoday.com/money/books/reviews/2005-07-25-buzz-marketing_x. htm
His Website:  http://www.buzzmarketing.com
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JimIvey
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Re:  Would You Write A Book with $300 Million
« Reply #1 on: Aug 2nd, 2005, 10:22am »
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on Aug 2nd, 2005, 5:18am, pearl wrote:
Would you write a book if you were sitting on $300 MillionHuh

 
As a preliminary matter, did he own 100% of half.com when it was sold?  I doubt it.  Founders, as a group, are lucky to hold on to 25% after a couple rounds of funding.
 
More to the point, all most people want is fame and fortune.  If you've got the fortune, what's left?  ... fame.  So, if they're not talking about you in the press, go write a book and do the book interview circuit -- then you'll be in the press.  Voila!  Fame!
 
To be fair, I don't know this guy.  I'm just pontificating as to why a newly minted millionaire would want to write a book.
 
Regards.
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James D. Ivey
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IPL61003
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Re:  Would You Write A Book with $300 Million
« Reply #2 on: Oct 30th, 2006, 2:42pm »
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Hughes may well be interested in more startups and making more money, but this time on the funding side, now that he has some significant wealth.
 
His book will produce favorable publicity that may draw new startups and entrepreneurs to him.
 
There are of course other possibilities, certainly including the ones already mentioned by Jim.    
 
Regards.
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Isaac
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Re:  Would You Write A Book with $300 Million
« Reply #3 on: Oct 30th, 2006, 3:06pm »
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Maybe one of the things that separates multi-millionaires from the pack is that multi-millionaires don't view having enough money as a reason not to work.
 
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Isaac
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Re:  Would You Write A Book with $300 Million
« Reply #4 on: Oct 30th, 2006, 4:16pm »
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on Oct 30th, 2006, 3:06pm, Isaac wrote:
Maybe one of the things that separates multi-millionaires from the pack is that multi-millionaires don't view having enough money as a reason not to work.

Yeah, Isaac, I immediately thought of Kevin Federline (aka Mr. Britney Spears) too.
 
All joking aside, I think there are all kinds of millionaires and all kinds of ... well, non-millionaires.  There are millionaires who work, those who will work very hard until they die, and those who don't work at all.  There are the very same categories of non-millionaires.  
 
I do, however, see different trends in those who earned it and those who have it dumped in their lap (by birth, by lottery, or by VCs/acquirer).
 
I don't know anything about the half.com guy.  I do know that, should large sums of cash ever be dumped on me (please please please!), I get really bored sitting on a beach.  I'd be doing something, but it probably won't be writing patent applications.
 
Regards.
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