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Correct. That's why SV startups are billionaire's playgound. And billionaires are much more scarce outside of US (and those who exist have better chances inves
by goodpoint 5y ago
Correct. That's why SV startups are billionaire's playgound.
And billionaires are much more scarce outside of US (and those who exist have better chances investing in other fields).
That's why SV salaries for developers are so crazy.
- lazide 5y agoIt doesn’t take a billionaire, but it certainly doesn’t hurt. A couple million can work, or half a million if someone is crazy. Your point still stands though.
- b9a2cab5 5y agoYou can raise capital so easily with any traction (seriously, if you have any credible paying customers at all YC will take you and that unlocks funding from everyone else). The cost of health insurance is negligible compared to the astronomical salaries of software developers.