4 ms·
You can start a failed company in a lot of cities. Congrats on living in sf on the cheap but it really isn't useful information to help aspiring startup founde
by peter422 12y ago
You can start a failed company in a lot of cities. Congrats on living in sf on the cheap but it really isn't useful information to help aspiring startup founders.
- BadassFractal 12y agoYou could pull something like this off in Vegas and live a lot more luxuriously. Yeah, you're stuck in the middle of the desert, but some folks in the startup community really seem to dig it out there.
- neodude 12y agoRunning out of money is the most common way for a startup to die, so successfully living in SF on the cheap certainly mitigates that.
- rtpg 12y agoi would say that running out of money is the only way for a startup to die. I haven't heard of a company earning loads of money closing down (except when being bought out or something).
- k-mcgrady 12y agoThere's a lot of room between running out of money and earning loads. Say I was earning $15,000 per year from my startup. Costs were low and I could take most of that home but revenue wasn't growing. The business hasn't run out of money but it's not making enough to support me and I have to shut it down. Unless there is significant growth opportunity that I'm missing it's also unlikely to get bought.