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by u238 5944 days ago
$1,000 a month per person? Really?
1 comments

No, not really. I'm so surprised at how little people read postings before jumping to an analysis. It's $6k per founder for a 3 month summer program. That works out to $2k per founder per month.
But they say they expect you to last 6 months.So it is 1000 per month! I think that's what r238 meant.
True but that's a recommendation, not a requirement. Honestly most of the teams from last year had a bit of runway after the three month summer program. Granted our funding was different last year but founders need to be focused on capital conservation which is, I think, the point of the statement.