4 ms·

I'm a little taken aback at 100M+ qualifying as "not a lot of cash" in comparison to, say, YC's usual funding level for brand new companies? I think it might b

• jzoch 5y ago
  look at companies like dataminr or plenty - they have taken over a billion dollars in funding afaik. That level of cash is pretty rare for successful companies from what I see. 100M is a lot too though - i don't disagree.
• cipheredStones 5y ago
  Are you saying that raising $100M makes a company ipso facto no longer a startup, or that some transformation that makes it a startup has almost always happened by then? I joined my last company about a year before they raised a Series C that brought total funding to $95M, and I think that by almost any other definition it was a startup before and afterwards. (And it was enough of a startup to do a "hard pivot" to something largely unrelated when the pandemic destroyed its core business model, instead of shutting down.)
• askafriend 5y ago
  Competitive Senior Eng packages in this market are ~$350-500k (incl equity), and the fully loaded cost to hire is probably something closer to $1m per engineer. Yes $100M is a lot in absolute terms, but depending on what you're trying to achieve, how many people you need to achieve it, and what your timeline is, $100M might not be so crazy in context.