|
|
|
|
|
by ekidd
5511 days ago
|
|
$12,000/month after taxes is $144,000/year for a single founder company. U.S. median family income was $45,018/year before taxes in 2003. Even for programmers working in Silicon Valley, $144,000/year after taxes is pretty decent. For comparison purposes, if you sold your company for $3.6 million, invested the money at 4% above inflation, and lived off the real interest, you'd earn $144,000/year. Now, that's clearly not as nice as an $8.5 billion acquisition by Microsoft, but it's still pretty sweet. If nothing else, you can comfortably feed your family while working on a new startup. :-) |
|
Thanks for pointing this out. I actually did reread the post, but pre-coffee.