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by sontek
1120 days ago
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Start-ups in general don't have a lot of cash and burn rate is the death of most of them. The standard deal from YC is $500k. So if they pay $80k/yr after operating costs, insurance, etc. They can probably hire 3 people outside of themselves and only be able to do it for 1 year. If they competed with companies who are paying at the 90th percentile they wouldn't even make it a year if they hired 1 person. |
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