4 ms·
I keep seeing these references to money raised in the < $10 million range as if it were a big deal. $6 million dollars is a lot of money for an individual, but
by VeilEm 11y ago
I keep seeing these references to money raised in the < $10 million range as if it were a big deal. $6 million dollars is a lot of money for an individual, but for a business it's not, especially not in the San Francisco area.
At $6 million you can hire and pay for about 10 to 15 people for a few years at a competitive salary and work from a not completely terrible office.
I'd like it if these posts weren't spreading "$N Millions of dollars!" fud so much as if it were some terrible wasteful thing. This is not someone's personal spending money that they're buying maseratis with, the founders do not get to use this money to buy themselves nice cars. It's not a life changing event, it's simply an opportunity to build a business.