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That... doesn't seem to check out. It can't be the going rate if it's infeasible. By definition the going rate is the rate that would allow you to afford doing
by aSanchezStern 3y ago
That... doesn't seem to check out. It can't be the going rate if it's infeasible. By definition the going rate is the rate that would allow you to afford doing the startup. Maybe you're comparing to the going rate of running a much better funded startup? But that's not the going rate for a startup of your funding size.
- JohnFen 3y agoBy "going rate", I mean what a person doing the same job(s) would earn at an established company in the same industry and location. In other words, what I would pay someone else if I hired them to do the job.