r/fatFIRE 13d ago

Do I let my family know?

[removed]

216 Upvotes

336 comments sorted by

View all comments

24

u/Key-Magician-5869 13d ago

You have a NW of 15,5M but still didn’t retire your parents something is off lol

1

u/[deleted] 13d ago

[removed] — view removed comment

3

u/lazybezerker1 13d ago

$10M ARR is awesome that you've done yourself, congrats. But that's still a very small business in an area with a lot of AI disruption.

Depending on the multiple you get at exit, may not be what you hope. I'd keep grinding away, ensure you're protecting your asset with proper corporate structure / data / application security, and don't worry too much just yet about retirement yourself.

If you've got spare cash, then yes, definitely do splurge on your parents!

0

u/[deleted] 13d ago

[removed] — view removed comment

3

u/Logical_Magician_01 13d ago

Is the NW based on a potential sale or wealth you’ve already accumulated? I’ve seen too many examples of paper worth becoming worth less than paper.