Reddit founder Alexis Ohanian calls it "startup karma." After selling his own venture to Conde Nast in 2006, he earmarked 15% to 20% of his wealth for recycling into other startups. He created an "uncorporation," Breadpig, to house all of his ventures, with the profits donated to -- as he puts it -- "organizations and individuals that make the world less sucky."
But everyone has their splurge, too.
"I upgraded my dad's season tickets from nosebleeds to good seats. Redskins. I would fly home for those games," says Ohanian, a Maryland native.
via money.cnn.com
Now that we've got RGIII, going home for those games is going to be an order of magnitude more awesome.