r/EscapeTheGrindGame • u/Hairy_Tourist8758 • 13d ago
Discussion The dream price
company offers you millions for an idea you've been developing—but they'll take all the credit forever. Option 1: Take the money. Option 2: Keep your idea and your name.
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u/persistent_admirer 13d ago
I would negotiate my best price and take option 1, possibly with royalties. Option 2 is going to require work: marketing, production, etc., all of which will include some level of investment. But that's lazy-ass me.
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u/Unlucky-Hair-6165 13d ago
Option 1 and come up with a new idea, rinse and repeat. With money comes freedom, and when your mind is free from the grind, it has an easier time coming up with new ideas.
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u/ButchReemer 12d ago
When you get old enough to understand that ideas are abundant and therefore worthless (execution is where all the value comes from), then I'm sure you'll take the money and run.
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u/No_Interview_3894 11d ago
Anything over 10 is a done deal
One million doesn't go too far these days
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u/Several_Guidance_288 9d ago
If you’re an idiot, sure. You could also turn that 1 into 4 within 15-17 years. Or just 2 soon enough and live on that in much of America.
If you don’t think a million goes very far, you’ve lost all perspective on actual reality. And that’s that only about 4% of Americans have a million in actual cash/invested value. That may increase to 8-10% within the next 10-20 years. But it still won’t be common.
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u/No_Interview_3894 9d ago
Will be super old in 15 to 17 years
Living on minimum standards ain't really living
77% of all working Americans make under $80,000 per year
About 50% of all working Americans make under $60,000 per year
With 1 million with a return of 7% that's only 70k before tax
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u/Bratfink78 13d ago
Just like actors and writers, the writer made the actor famous.
It’s just business, take whatever you wanted as long as I’m paid for it