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> So, what are the YC people investing in? Two guys who seem pretty smart? The fully loaded market rate for "two guys who seem pretty smart" in Silicon Valley
by solve 12y ago
> So, what are the YC people investing in? Two guys who seem pretty smart?
The fully loaded market rate for "two guys who seem pretty smart" in Silicon Valley is somewhere between $200,000 to $300,000 per year -- at regular day jobs. Even boring regular employers invest a ton of money in people just based on an interview.
Remember this, when thinking about all of the investors who are always demanding tons of up-front proof and traction from founders. Regular day jobs generally require you to do nothing up front, except showing up to an interview. Firing within the first year is relatively rare. In many ways, regular day job employers are a lot less risk averse than investors!
- encoderer 12y ago> The fully loaded market rate for "two guys who seem pretty smart" in Silicon Valley is somewhere between $200,000 to $300,000 per year Each
- guelo 12y agoBullshit.
- michaelrwolfe1 12y agoRecruiting costs, signing bonus, salary, health care, insurance, taxes, equipment, office space, software subscriptions, expenses. I've been at 5 startups, and we always budgeted 200-250k per hire per year
- aerovistae 12y agoWell of course! The hiring managers at "Regular day job employers" aren't dispensing their own money, and the company they work for is already established and likely doesn't have any shortage of money with which to "take risks."
- jerguismi 12y agoRecruitment is quite a different to investing. First of all, the upside-risk is pretty much eliminated from the employee, usually. And the employees can be fired. Yep, I guess that it is somewhat rare, but at least there is that possibility.
- wedesoft 12y agoBut the employer has to follow the manager's directions.