and if I remember it correctly Roberts used the money to buy a peanut farm? Is that equivalent to a tech bro buying the coast of California or an island?
My point was, buying a peanut farm != spending every penny you owned on the peanut farm. It simply could have been what he desired, enjoyed. He could have socked away way more.
The comment I replied to alluded to said peanut farm being (forgive me) peanuts compared to a coastline.
The company sold itself to Pertec for what was a very good amount of money back then.
In HN terms, it was a successful unicorn bro exit.