Besides, being the founder (and hence presumably the owner of a significant slice) of $N is much, much better than being merely the guy who manages $N of someone else's money.
There's definitely a point here somewhere, though. New York City has a way of making you feel poor unless you're very, very wealthy. A few million doesn't cut it.
> "New York City has a way of making you feel poor unless you're very, very wealthy. A few million doesn't cut it."
SF is very much the same, though to a somewhat lesser extent. Hasn't stopped it from being a tech hub though, so I'm not sure if that's the deciding factor.
Yes and no. Certainly compared to the real world, San Francisco is a place where you need a lot of money to do anything (or rather, to have a place to live) but the psychological factors aren't there. I can easily go into the best restaurants in town, drink at the best bars, hang out at the best nightclubs, and I don't feel like I'm out of place or that I could be having a much better time if only I'd spent a lot more money. That's not a feeling I get in New York, Los Angeles or (worst of all) Las Vegas (even though I'm keenly aware that I probably am richer than all of the folks who are trying very hard to look rich in Las Vegas).
There's definitely a point here somewhere, though. New York City has a way of making you feel poor unless you're very, very wealthy. A few million doesn't cut it.