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Assuming founders were working on this for past 10 years straight, 16 hours every single day without taking any vacations or weekend days off whatsoever, their
by sytelus 12y ago
Assuming founders were working on this for past 10 years straight, 16 hours every single day without taking any vacations or weekend days off whatsoever, their pay rate would have been $1,700 every hour assuming they receive only 10% of this pie each. Well deserved for all the "risks" they took to avoid regular jobs, eat ramen everyday or innovations they contributed to the advancement of mankind? Multi-Billionaires typically make equivalent of $100,000 every single hour. I often joke that Paul Allen charged Microsoft shareholders $10,000 per character for the code he wrote. Next time when you type if in your program, take a breath and think what if someone paid 20 grands just for doing that. That's how it feels like to get billion dollar payout.
- TomGullen 12y ago> Assuming founders were working on this for past 10 years straight, 16 hours every single day without taking any vacations or weekend days off whatsoever, their pay rate would have been $1,700 every hour assuming they receive only 10% of this pie each That's just made up. > Well deserved for all the "risks" they took to avoid regular jobs, eat ramen everyday The "risk" of avoiding a regular job is lost wages (I'm stripping away the experience that could get you into a better paying job after a failure here as well). If they could be earning $50k a year, and worked for 10 years on their startup, their risk is $500k. I'm also sure that most people wouldn't go more than a few years without any traction, so you're probably looking at about $150k risk. Deduct any earnings from that risk in that time frame as well ( they need to live) so the personal risk is actually perhaps nearer to ~$100k. I think you are overstating the risk factor here. Eating ramen every day is something you've made up as well. > innovations they contributed to the advancement of mankind? Hyperbole, it's a website that lets you watch people playing computer games. You're vastly overstating it's contribution to the advancement of mankind.