This is one of the first public numbers I have come across on salaries in SF startups: $ 1,168,710. This is for a team of (in the end) 7 people, in about 2 year

This is one of the first public numbers I have come across on salaries in SF startups: $ 1,168,710. This is for a team of (in the end) 7 people, in about 2 years (started with 3 people). Let's say an average of 5 people. That comes down to $ 117K/person/year. Is that average, or above or below? I know some startups in Europe, and in Europe half of that would be common.