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by jiggy2011
4422 days ago
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Doing the math on that (assuming 8 hour workday 5 days a week, 52 weeks per year) comes to around $9M per year per partner which does seem high to me but I don't know YCs numbers overall. It makes more sense if you assume that most of their candidates come from within the US and a large % from much closer to YC HQ (Stanford?) so they will pay out significantly less in travel expenses on average. The only other option would be to give those travelling from further afield longer interviews to pitch their startup which could be seen as unfair. |
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Still seems high, but then you have to take into account that their work is very cyclical in that a lot of important decisions need to be made in this time period.