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Impossible. You can't even feed yourself and will die before then. > effectively deduct all employed salaries This is only useful if you have income to deduct
by re-thc 2y ago
Impossible. You can't even feed yourself and will die before then.
> effectively deduct all employed salaries
This is only useful if you have income to deduct. It's less useful than a fund raise to begin with.
> You can only offer 75k to junior engineers
As above. I have $0 then I can't offer anything to anyone.
> You only need to reach a valuation of 10 million after 5 years
In the past there have been cases of higher valuation from just demos or outsourced MVPs. As long as you have the connections than the engineers. This is valuation not earnings from an actual product.
- 999900000999 2y agoOkay, you raise a good points. From a philosophical perspective, what do you think makes a billion dollar company worth a billion dollars. Is it good staff, good ideas, luck . Or does it just take a founder with a track record of billion dollar exits...