• I'm worth $50m and Have No Idea What To Do With My Life

  • Mar 25 2025
  • Duración: 57 m
  • Podcast

I'm worth $50m and Have No Idea What To Do With My Life

  • Resumen

  • If you're a founder doing at least $3M/year in sales, check out Hampton: https://www.joinhampton.com/.


    Vinay Hiremath co-founded Loom and sold it for nearly $1 billion… then walked away from $60 million, gave most of his early money to his parents, and now he’s looking for internships.

    Here’s what we talk about:

    • How Vinay went from broke stoner to $50–70 million exit
    • Why he voluntarily left tens of millions on the table—and doesn’t regret it
    • The emotional crash that came after the deal closed
      What happens when your ego, identity, and wealth all collide
    • The moment he paid off his parents’ mortgage—and why it meant more than the money
    • His portfolio breakdown (hint: half of it’s just sitting in cash)
    • Why he’s now learning physics and applying for internships in robotics
    • The surprising amount of money he thinks you actually need to be free

    Cool Links:

    • Hampton https://www.joinhampton.com/
    • Lower Street https://www.lowerstreet.co/
    • Vinay’s Blog Post: I’m Rich and Have No Idea What To Do With My Life vinay.sh/i-am-rich-and-have-no-idea-what-to-do-with-my-life
    • Kubera – Net Worth Tracker https://www.kubera.com/
    • Monarch Money https://www.monarchmoney.com/

    Chapters:

    (00:00) Introduction and Personal Struggles

    (06:24) Vinay's Early Life and Education

    (08:43) Starting Loom and Early Challenges
    (12:40) Loom's Growth and Success
    (17:18) Vinay's Personal Finance Journey
    (22:25) Reflecting on Wealth and Identity
    (26:40) The Viral Blog Post
    (29:15) Overcoming Childhood Challenges
    (30:10) Selling the Company: Mixed Emotions
    (32:37) Post-Exit Life: Investments and Strategies
    (34:49) Embracing Chaos and Self-Discovery
    (42:41) Financial Habits and Spending
    (48:00) Pursuing New Passions and Learning
    (53:21) Calculating Financial Freedom

    This podcast is a ridiculous concept: high-net-worth people reveal their personal finances.

    Inspired by real conversations happening in the Hampton community.


    Your Host:
    Sam Parr

    • Founder of Hampton, a private community for CEOs.
    • Sold his last company, The Hustle, for tens of millions.
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