Solo Stove Founder Exits

A story about meeting the founder of Solo Stove who chose a different path after selling his company.

"I met this guy who started a company called Solo Stove and sold it, and it later went public, named Spencer. He was like 'I started this company, I worked really hard, I sold it, now I made mega bucks and I'm good, I'm financially independent.'

He doesn't invest in any startups, he doesn't invest in any private equity funds or VC funds. When people are like 'do you want to invest in this or that?' he's like 'no I'm good.' He takes all of his money and puts it in the stock market in the Vanguard VOO, the Vanguard S&P 500 index, doesn't think about it at all.

He says that everyone else who is an entrepreneur, starts a company, makes it, and then goes back and starts another company - they're only starting another company because that's the only thing they know. He's like 'they just keep building a new prison for themselves that's bigger and brighter but it's still a prison. Why would you do that?'

I had this call with him and then for a week after that I was just walking in circles muttering to myself 'what am I doing with my life, what am I doing, why am I starting new businesses, what is all of this?'"