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I am trying to calibrate my internal scales to Silicon Valley price tags, not trying to put anyone down. For reference, a popular deli and catering service in
by ActsJuvenile 10y ago
I am trying to calibrate my internal scales to Silicon Valley price tags, not trying to put anyone down.
For reference, a popular deli and catering service in my hometown makes a profit of ~$1m a year. A good McDonalds location nets more than $2m a year. A dad and sons medical practice nets over $5m.
Required investment to become a partner at YC seems quite low to me compared to these traditional businesses. I was under the impression that YC would need something like $30m-$100m investment to become a partner.