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How much does a startup cost? (opani.com)
53 points by onecreativenerd 5364 days ago
Some crunchbase data mining that comes up with a simple model for pricing a startup.
4 comments

Back during the 2000 bubble, folks started companies where the payoff in the biz plan was based on $1M per employee. Therefore the goal became hiring, and salaries/signing bonuses became stupid.

The bubble bursting was actually a boon for companies with honest-to-god businesses.

Yes, you have been using R to do the stats, but please, take a look at the results, not a single significant parameter! This is a bit sad, because it looks like you are doing something great at Opani, but this post is not really showing it.
t-values above 2 typically correspond to p<0.05. Employees are an important factor: p(t=2.98, df=62)=0.004, raised capital is not: p(t=0.27, df=62)=0.78. Standard errors of the estimates are also reported.
Does anyone know if this panel was recorded? Curious to hear or read a transcript.
We all witnessed one example where the start up "cost" about $200,000, and failed.

How long is a piece of string?