I think what you're looking at isn't "never work [for someone else] again rich" but "never work [at all, and maybe just never leave your bed] again rich". There's enough room to read either into that sentence, but the former is just as real as the latter because most people who do it once will probably try to do it again.
If your position before the liquidity event is "making low six figures per year in salary," 1.6 million dollars will at least give you an ~10 year buffer in which to make it to your next liquidity event with relatively little risk.
And that one's probably the one that lets you stay in bed for the rest of your life, if that's what you really want (but it probably isn't).
If your position before the liquidity event is "making low six figures per year in salary," 1.6 million dollars will at least give you an ~10 year buffer in which to make it to your next liquidity event with relatively little risk.
And that one's probably the one that lets you stay in bed for the rest of your life, if that's what you really want (but it probably isn't).