Mike Hudack

Hi. I'm Mike Hudack and this is my Tumblr. I'm a high school dropout, the CEO of blip.tv and a former warblogger. Also check out the blip.tv blog.
Why I gave away my company to charity - Derek Sivers

tylerhwillis:

mikehudack:

kevin:

davemorin:

This is pretty neat.

Am I the only one who finds his whole site — including this post — a bit trite and self-congratulatory? It strikes me that the best thing to do would be to set up the trust and not talk about it. Or, alternatively, offer an instruction manual to others who may want to do the same thing. Or talk about it how doing this made him feel good.

Instead he seems to be bragging.

Maybe I’m just jealous, because I wouldn’t do this despite the fact that I would like to think that I’m the kind of person who would.

The man created 22 million dollars in value for music education. He gave up his personal ability to claim that value directly in the form of money, giving it all to charity. Part of the value exchange is that he gets pride and happiness from the transaction, something his peers should give him if we wish to encourage more charitable use of millionaire-money. By in large we have.

I think people react negatively to public generosity because it feels like a slap in the face (he’s throwing it away! And just to get attention! I have much better uses for that capital - this guy sucks). At least, that’s the root of any ill will I experience when thinking of people getting to much social cred for philanthropy. I think this attitude is counter-productive (why should I discourage charity; the alternative isn’t me getting the money, it’s some rich dude keeping it and buying a Tesla).

I started a non-profit in 2005, whenever anyone asked me about it, I said “There’s selfishness in selflessness.” I was going through a rough breakup and a quarter-life crisis — I needed a mission, and more importantly, I needed something to feel good about.

I’m reminded of Lincoln rescuing a pig stuck in the mud on his way to congress. Everyone praised his kindness, his response was: “I did it for my own peace of mind, had I not, I could not have thought about anything else all day.”

You’re right. He created 22 million dollars in value for music education. Truth be told, probably more than that with interest and investment returns. He deserves encouragement and adulation. No doubt. Please don’t think that I think that what he’s done is a slap in the face. Quite the opposite. I respect him immensely for it.

Notes about this post from the Tumblr community:

  1. olycam reblogged this from kevin and added:
    Awesome. My kind of guy.
  2. andymartin reblogged this from mikehudack and added:
    It’s a like a corollary of Godwin’s Law. Anyone who can quote Lincoln, correctly and in context, automatically wins an...
  3. mikehudack reblogged this from tylerhwillis and added:
    You’re right. He created 22 million dollars in value for music education. Truth be told, probably more than that with...
  4. bunch reblogged this from jakelodwick and added:
    Perspective, people. It can be...good thing. [v:ia]
  5. themadhattersings reblogged this from kevin
  6. tylerhwillis reblogged this from mikehudack and added:
    The man created 22 million dollars in value for music education. He gave up his personal ability to claim that value...
  7. karri reblogged this from kevin
  8. mikehudack reblogged this from kevin and added:
    Am I the only one who finds his whole site — including this post — a bit trite and self-congratulatory? It strikes me...
  9. kevin reblogged this from davemorin
  10. ec reblogged this from davemorin
  11. jeremywatt reblogged this from jakelodwick
  12. seanjohnson reblogged this from davemorin
  13. andrewkhunn reblogged this from jakelodwick
  14. meaghano said: his bio: “I’m straight, single, and enjoying both. :D” guess he has ‘enough’
  15. choire reblogged this from chloelikedolivia and added:
    chloelikedolivia:
  16. brianquinn reblogged this from jakelodwick and added:
    Refreshing indeed. I also enjoy his about section … a good guide for living: Me in 10 seconds: I’m an entrepreneur. I...
  17. chloelikedolivia reblogged this from jakelodwick and added:
    This is pretty incredible. None of the ideas are anything that haven’t been thought of
  18. wongers reblogged this from jakelodwick and added:
    I’m not gonna lie, I’m inspired.
  19. nic-rad reblogged this from jakelodwick and added:
    Agreed in all respects. A very worthwhile read.
  20. optimisto reblogged this from jakelodwick
  21. jakelodwick reblogged this from davemorin
  22. kateausten reblogged this from davemorin
  23. davemorin posted this