Is Life Meaningless After a $975M Sale?

Neil, did you see that post where a guy sold his company for $975 million and then he wrote a blog post on basically how life is meaningless?

I haven't seen it, but I already know what's going to— what he's going to end up saying in it without even reading it.

Okay. What do you think he's going to say?

He has no more purpose in life because his company or her company was their identity and they don't know what to do next and they're bored. So they feel like they have nothing else and they—

So this is the founder of Loom. And here's the thing. So he had another earnout. He had an earnout portion where he could collect another $60 million. So Loom is the screen sharing software that you and I use. It's great. They sold to Atlassian, um, and Atlassian, publicly traded company. And, um, he was just saying he tried everything. He tried, um, just not doing anything for a while. He even tried working for Doge. So here's— this is cool because you never hear about how people— how Doge actually works. He's like, dude, I worked at Doge for 4 weeks and it was intense. Every day there's intense meetings and they're working on really crazy stuff. And he's like, I can't talk about it, but they're actually making a ton of progress and it's the most competent people in the world and they're not getting paid a dime.

Are you talking about Doge the coin or the government efficiency?

The government inefficiency, working for the government. Oh, crazy.

Yeah.

And I'm going to read part of this blog post to you over here. Former CTO of Loom sold for nearly $1 billion, says his life is meaningless and bleak after sale. Right. So life has been a haze after selling my company. I find myself in a totally unrelatable position of not having to work again. To your point, everything feels like a side quest, but not in an inspiring way. I don't have the same base desires driving me to make money or gain status. I have infinite freedom, yet I don't know what to do with it. And honestly, I'm not the most optimistic about life. So, his whole thing is when he went to go work at Atlassian after selling, he's like, I work with a bunch of NPCs, non-player characters, right? A bunch of unmotivated— unmotivating people. And he was just saying, look, you know, he wasn't even sure what to start next. And he tried traveling for a long time, that didn't help either. He tried relaxing, that didn't help either. And now, What he's doing is after he's decided after like, I don't know, a year or so that he's just not going to do anything and he's going to try to learn stuff around robotics and take it slowly instead of diving into the next thing.

Huh. Does he have a family?

I don't think so. And that like, this reads like he doesn't have a family. And you're a family man. I think you should speak to it because money was very much your purpose before, but not anymore.

Still is.

But not as much anymore.

Not as much anymore. During the holiday, I got so bored. I started cleaning my home, picking up stuff from the ground, mopping. Yeah, dude, I was bored. I, you know, I need something to do on a daily basis or I just go crazy.

Yeah.

And I feel like no fulfillment if I just sit there and I don't do anything.

Remember what we talked about? I mean, the phrase is, if you put a motivated, a motivated person into the forest, he's just going to pick up an axe or she is just going to start chopping wood.

Yep.

Right. People like that have to do things and they're, The good is, the good thing is those people are few and far between. But if you're listening to this, chances are you might be one of those people. Um, I just think it's, I, I do, from all the stuff I read, generally the family does give you, I feel like, a greater sense of purpose. And I feel like once you had your family, I feel like, I feel like you have a greater sense of purpose.

I have a greater sense of purpose and I have more motivation to make money.

You got more bills. That, that works too. Um, but Neil's generally right too. I mean, it's, um, you see these stories all the time that life feels meaningless after. This is why LinkedIn ads are great, but let me give you the bad news first. The bad news is that you can't personalize the ads and you can't scale up the ads as quickly. The good news is if you're in a B2B space, you're doing account-based marketing, we have a solution for you called Karrot. That's K-A-R-R-O-T. And the good news is that you can create a lot of these campaigns with the Click of a button, you can personalize the ads. And there's a whole host of new things that are coming. If you want to get on the waitlist, just go to carrot.ai. Again, it's carrot.ai. And we'll see you on the other side. When we talked on the phone a couple years ago, you talked about potentially, you know, going through potentially selling. But then, but then we came to the conclusion for both of us, it's like, well, like, what would you do after you sell? You kind of like what you're doing already. And why stop? And Mark Zuckerberg had this conversation a long time ago. With Peter Thiel, when Peter Thiel's like, I think we should take the billion dollars. And then Mark's like, well, I think we shouldn't.

So. Every time I get close to selling or having offers, it's like a football game in which I go all the way to the 10 or 20-yard line. Let's call it 20-yard line.

Pretty close.

I don't even kick the field goal.

I just run all the way backwards. You run reverse. Yeah. You score for the team. Yeah. Yep. Goodbye, guys. That's it for today. Go to marketingschool.io/agency if you want to grow your agency faster, and we'll see you tomorrow.