3 ms·
Firstly 22-26 is probably not the most representative age group of YC founders. IIRC, pg mentioned that 26 is the median age. $150K spread over a team of 3 is
by revorad 16y ago
Firstly 22-26 is probably not the most representative age group of YC founders. IIRC, pg mentioned that 26 is the median age.
$150K spread over a team of 3 is an annual salary of $50K for each founder. That's not fuck you money in most parts of the world, forget Silicon Valley.
- beatpanda 16y agoSpeak for yourself, a $50,000 salary would be 4 times what I make now, and I live in San Jose. $50,000/yr would definitely be "fuck you money" from where I'm standing. I'm planning on applying for YC once I graduate, and I can't imagine a situation in which I would spend a bunch of money on stupid shit when all you really need for a startup is a VPS somewhere, some tables and chairs and the laptop you already have.