I recall that article too. It's slide 5 of the mint.com presentation http://techcrunch.com/2009/10/08/startups-101-the-complete-mint-presentation/ http://techcr

I recall that article too. It's slide 5 of the mint.com presentation http://techcrunch.com/2009/10/08/startups-101-the-complete-mint-presentation/ http://techcrunch.com/2009/10/08/startups-101-the-complete-m... -$250k per business guy. And I think the argument is pretty sound. He's talking about your prototype valuation. The article is focused on post-launch. Hiring a product person pre-launch is probably a waste of money, unless you have the loot to have a 20 person team pre-launch.