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Yeah, looking back to the mid-aughts you could probably "launch" a "product" in a few weeks. You could stretch that 5K into a few months of runway as your expen
by spamizbad 5y ago
Yeah, looking back to the mid-aughts you could probably "launch" a "product" in a few weeks. You could stretch that 5K into a few months of runway as your expenses are rent, food, internet, and maybe $150/month tops in SaaS stuff.
Like you said, it was also easier to find people who wanted to work on that stuff. Tech jobs were less kushy and highly paid. Working at that kind of startup was a dream compared to slogging through crufty code at some company where software was viewed as a cost - rather than profit - center. But I think back then market rate for a mid-level dev was something like 70K.
- MattGaiser 5y agoNow companies seem to be in stealth for years.
- ricardobayes 5y agoTrue, partially I think because there's more founders nowadays with exits behind them and can bankroll an operation for years.