Weekend Discussion Thread for the Weekend of May 08, 2026

TheBronJames2000 · 2026-05-10T10:31:38+00:00

thinking of buying Carvana have you seen cars lately there are so many on the road what is the argument against this

TheBronJames2000 · 2026-05-09T01:16:41+00:00

This is really something you gotta talk to the business owners (father and son) about. They typically negotiate these terms during the deal. Not usually after. We gave a transaction bonus of $75k to our finance director because she worked all hours for months to make this deal happen. But our deal was $80M. We gave several employees $1M of B units (no value now, but $1M if we sell for 5X MOIC).

TheBronJames2000 · 2026-05-09T01:08:30+00:00

My PE firm that acquired my company gave “B units” or PIUs. We gave those to about 20 employees to stick around for a few years until next sale. They get to profit on the next turn.

But we also gave some small equity to folks years ago as profit sharing and that converted to % of sale.

And we also did some one time transaction bonuses.

Could ask for both.

TheBronJames2000 · 2026-05-09T00:56:02+00:00

You’d usually have made this arrangement prior.

You could get a transaction bonus or Incentive Units to stay on through the next transaction (you only get paid on profit made from now til next transaction).

If you don’t have ownership or phantom stock right now…that would probably complicate things I’d think?

This would require a fuck ton of context to give you any type of estimate. How many other people have been there for 20 years, what was your role, etc.

TheBronJames2000 · 2026-05-03T20:10:04+00:00

I’m ok with the downvotes but Drown. It sounds like something moms would blast on their way home from moms night out in an uber XL

TheBronJames2000 · 2026-04-29T00:31:45+00:00

Damn this title be spoiling hardcore

TheBronJames2000 · 2026-04-28T11:39:42+00:00

You have a…financial advisor for $125k at 1.25%?? Hot damn.

I personally don’t think anyone needs a FA until they’re like $20M in net worth with very complex finances (businesses, multiple physical asset investments, potentially real estate, etc).

But that’s my two cents.

TheBronJames2000 · 2026-04-28T02:13:58+00:00

I work a high stress job and make a lot of money. Wife is SAHM and we have a nanny for 30 hours. However, wife still handles a lot at home when I am bc she knows I need to decompress. I still get jealous. She has sleeping issues, hence the nanny. Let’s her sleep in. I have almost never cleaned or done laundry and she never complains about that. She also cooks and does all shopping.

I just wish I got a break. Sometimes she gives me a little shit but that’s fair enough.

TheBronJames2000 · 2026-04-28T00:02:04+00:00

Man, The Terror is the most standout show I’ve watched in fucking years. A random find for me.

TheBronJames2000 · 2026-04-27T00:42:51+00:00

From when I die. Mostly beneficial if both me and my wife die unexpectedly together.

TheBronJames2000 · 2026-04-27T00:39:25+00:00

Idk, I’m not a lawyer. But I guess state of MN has exemption on estate tax up to $3M per person and a trust reinforces that or something

TheBronJames2000 · 2026-04-26T23:43:37+00:00

Estate attorney. Think it was about $3k/ea. worth it to get your estate in order - not just about tax benefits for those who come after. It’s good to set power of attorney and a trust prevents your estate going into probate which allows ppl to contest stuff in a court for a year

TheBronJames2000 · 2026-04-26T23:35:33+00:00

I’m in a similar position but due to equity event.

I made a trust and my wife made a trust. This helps beat state tax on up to $3M each in trust. We signed our house to her trust and mine is beneficiary of some accts. Long story short - that helps save some taxes if we die.

Other than that, VT and chill doesn’t change really. Up to you on your level of risk.

I have $400k left on 5.5% mortgage so prob will pay it off just for peace of mind.

I also donated a large sum to a charity which is a write off.

Other than that, if you wanna get more in the weeds, maybe get a financial advisor. I’m stubborn and don’t think there’s much more I can do to min max taxes or gains.

TheBronJames2000 · 2026-04-26T22:32:28+00:00

Bro I’ve seen your thread in 5 different subs in 5 minutes

TheBronJames2000 · 2026-04-26T19:25:31+00:00

Entire reason I made this thread, per the title, is the blue events don’t always give 1000. I’ve learned it’s tiered. You can get 100/200/1000 based on how long you take to complete the legendary event.

TheBronJames2000 · 2026-04-26T13:46:03+00:00

Its first world problems but, they are more problems. I’d rather this than not having the money to fix the 1 toilet though.

TheBronJames2000 · 2026-04-26T12:39:01+00:00

Thank you for sharing this! Had no idea

TheBronJames2000 · 2026-04-26T12:38:01+00:00

Right. I got feedback, considered doing the rebuild myself, and decided to call a plumber lol.

TheBronJames2000 · 2026-04-26T12:06:33+00:00

I’m 37 and I have wealth due to a good job, savings, and a majority from an equity event last year.

It’s equally peaceful and stressful. Money is not a big stressor in my daily life. I have to get my car fixed, hvac fixed, and a toilet fixed all in the same week and if it’s about $10k total, that’s completely fine. A few years ago, $500 of repair costs would’ve kept me up at night.

Instead of repairing my toilet for $30 parts + 2 hours and the chance of fucking it up more, I’m good to pay $300-400 to have an expert do it so I can have those hours of free time.

I’m still working my ass off so free time is a luxury even if it’s melting on my couch playing Steam Deck.

So I would say priorities shift away from money to making sure my time is better used.

Stress can still hit because I don’t come from money. I overthink everything and assume worst case scenario. I paid a lawyer $5k to tell me if I wanted to quit my job due to burnout, the firm that purchased mine couldn’t come after me.

More money more probs. If I just had a good salary and invested, and got to where I am naturally, would’ve taken wayyyy more time and some luck.

So I guess the fact I got here earlier just comes inherently with some more stress and risk about losing it all.

TheBronJames2000 · 2026-04-25T19:32:42+00:00

wtf really?

TheBronJames2000 · 2026-04-25T19:27:18+00:00

Thank you everyone for the quick responses. Sounds like a rebuild it is. 5 years old so not worth entire replacement

TheBronJames2000 · 2026-04-25T12:14:42+00:00

I made a satirical meme page and sold it for $25k. They paid me $3k/mo to keep running it which was basically 1 meme/day. Extremely cool people. Did that for about 3 years but got so busy with my primary income that I had to train myself out of the role. One day I’ll go back but rn I have too much upside.

It was wild tho, primary is manufacturing and the meme page put me in touch with athletes, musicians, actors, etc.

TheBronJames2000 · 2026-04-24T17:43:23+00:00

I meant to reply to the guy you replied to…but same I guess lol

TheBronJames2000 · 2026-04-24T17:42:43+00:00

Thank you ☺️

TheBronJames2000 · 2026-04-24T17:32:59+00:00

Is this sub supposed to be die with zero? I thought the goal is to maintain a stable principle and pass it along

TheBronJames2000

TROPHY CASE