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371 points greggyb | 2 comments | | HN request time: 0.415s | source
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not_a_bot_4sho ◴[] No.41978402[source]
Funny story. I used to see Steve almost every weekday for a couple of years.

I can't speak to his business skills, but I can attest that he never once offered a tip for his daily black iced tea. We'd even have it ready for him before he showed up so he never had to wait! He would pay with cash, and I'd hand him his change and drink, and that was that.

It's funny to me now: one of the richest men in the world and he never once offered a tip.

Frugality aside, he was always very polite and warm so I can't be mad. Makes for a good ice breaker story.

Edit: holy moly, this is a sensitive subject. Please remember this was from a time before tipflation. Tipping meant you left your change behind once in a while only if you felt the desire to show appreciation. It wasn't an obligation. Yes, I still do think it's a funny story. Roast me for being entitled lol

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godelski ◴[] No.41978997[source]
Everyone, chill

Regardless of how you feel about tipping culture we're not talking about the average person nor are we talking about the average *experience*. The dude is worth north of $100bn, and is making nearly $10k per minute![0]. Someone who cannot spend his wealth. Someone who'd have to spend tens of millions of dollars every single day just to stop his wealth from growing. Someone who makes money faster than he can throw hundred dollar bills handfuls at a time.

We're not talking about anything normal here because no one here *literally* makes thousands of dollars in the time it takes to wipe their ass. You can become poor, he would need an act of god to do so.

We can have a conversation about tipping and how much everyone hates it, but to ignore the fact that we're talking about someone with this kind of money is... ludicrous[1]. Throwing down a hundred bucks means literally nothing to the man. It is not even what a penny is worth to most of you. He's not you and framing the discussion this way is obtuse. Rage on tipping, I don't give a fuck and I'll probably join you. He's not "sticking it to the man" or "standing up for his values" he *is*" the man. He's playing an important role in creating this machine you're raging against. I just don't understand any of you

  [0] 1e11*0.05/365/24/60
        |   |    |   |  |_ minute
        |   |    |   |____ hour
        |   |    |________ day
        |   |_____________ Conservative 5% yearly return
        |_________________ At least 25bn less than he is worth...

  [1] FWIW, I hate tipping too. Fuck the till based tips with the ever increasing percentages. I frequently click 0. But fuck it man, I'm a grad student. Still, if I'm a regular somewhere and they are giving me special service, I'm gonna throw a few dollars into the tip jar. Tipping culture or not they're going out of their way for me and I should show gratitude in some way (you can also do by other means)
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1. kalaksi ◴[] No.41980009[source]
That just means that it wasn't about money for him.
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2. godelski ◴[] No.41988005[source]
Maybe. Or maybe he still lives like he is poor. If he does, or if he lives in any way where he is considering money as meaningful, then he is delusional. The man has so much money he can buy a mega yacht with less than a week's passive income. If money means anything to him, he is does not understand. If he also doesn't see how he can fundamentally change people's lives in a single act that means nothing to him, what does that say? After all, this is a man who could dump a pile of hundred dollar bills on the table every day, at every restaurant and coffee shop he visits and the act is less of a burden to him than it is for us to hold a door open for someone who's an awkward distance away.

Money is a proxy. Did we forget what it was for?