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Isn’t this also a function of the limited runway VC’s give to startups. If they 10x’d the amount of funding for seed and series A, startups could afford to hire
by ec109685 7y ago
Isn’t this also a function of the limited runway VC’s give to startups. If they 10x’d the amount of funding for seed and series A, startups could afford to hire the best.
It would add a lot more risk, but given the outsized rewards, it would still be profitable for some VC’s.
Otherwise, there will be lots of ideas left un-persued because many experienced engineers will not want themselves or their employees to live (in relative terms) an ascetic lifestyle while perusing their dream.