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.

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.