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1,034,791 Views • Feb 23, 2022 • Click to toggle off description
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Views : 1,034,791
Genre: Science & Technology
Date of upload: Feb 23, 2022 ^^
Rating : 4.965 (305/34,389 LTDR)
RYD date created : 2024-04-29T12:50:12.56113Z
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YouTube Comments - 2,514 Comments
Top Comments of this video!! :3
Was 100% expecting Luke to say he'd expect to take over and for Linus to agree
2.4K |
I feel bad that my first thought was “Linus Death Tips, I guess?”
In all seriousness, LTT and Linus personally do great work and I hope they’ll continue to do so for a long long long time. 💙
841 |
The trick with these kinds of estates, is to ensure you split voting-rights from the shares and put those voting-stock into a trust/foundation that is managed by you and has a list of "next-in-line" to manage the votingrights.
69 |
Then Dennis's dream of Dennis Tech Tips will finally be realized
2.8K |
If Linus suddenly died, that would make me and alot of viewers quite sad. Knock on Wood Hope you guys live long and fullfilled lives.
4.1K |
This is a bit late, but I completely understand how stressful this is. I’ve had to look into leaving my company to my daughter if something happened to me and it is wild the hoops you have to jump through.
68 |
What about metaphorical/spiritual death
16 |
As an HR professional: find Yvonne an apprentice. Just because she might be able to handle the pressure of her job fine, isn't really a reason to have her do it all alone. You just described a huge liability if she (god forbid) ever had a long term absence, which is not unthinkable.
1.9K |
I love hearing Linus talk about how important Yvonne is, for both him and the company. I also really respect planning for the inevitable future like this, because a LOT of people don't even want to think about this kind of stuff.
1.2K |
This is amazing, thank you so much for this explanation. LMG's biggest attraction is integrity. Everyone feels it and knows it.
Everything is relatable and honest.
23 |
Such a sad thing to imagine. We love you Linus. Don't die on us 😭
21 |
TLDR: look into specialized life insurance.
My dad used to be in business with family before family stuff happened but all siblings had insurance that if one of them died it would pay out their portion of ownership well into 7 figures
802 |
The employee sellout option can be simplified. All employees join an LLC (separate from LMG). Upon your death (or whatever scenario) the employee LLC gets a purchase option. With employees able to contribute cash to the purchase price (getting a corresponding percentage) and the LLC itself can pursue a business loan for the remainder. A living business plan (for the loan application) can be kept going so that the LLC can immediately apply for the loan.
1.2K |
Linus, it's very heartwarming to hear that is how you feel about the relationship that you an Yvonne have. I am glad you two have each other.
18 |
If Linus dies, Luke reinstalls his ad-blockers..
1 |
Hearing Linus talk about a “legacy” sounds great. He has made a great impact with his own two hands and those around him. I love getting old LMG clips from 6 years ago when these guys looked like children. Great growth
464 |
Dang. If Linus dies I would actually cry. This man is one of the reasons I got into computers in high school and will be graduating with a CS degree soon.
529 |
I love that Linus is thinking "backup" if disaster strikes at all facets of life not only data :) I do wish you all a long healthy and happy life. I've been watching for years and apart from everything I enjoy (tech, passion, humour, cringe, friendships, valuing your employees, experimenting, entertainment, deep technical dives etc), I value the honesty, consistency and open discussions very much. Hello form Greece ^_^
33 |
Richer Sounds, in UK (sells HiFi and TV stuff) is set up in a way that, when the founder dies, it becomes a sort of employee's cooperative. The soul will still be there.
1 |
@sunburntsaint
2 years ago
we came to learn tech... we stayed to learn inheritance strategy
9.6K |