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I wouldn't say 6+2 months of living expenses is 'realistic'. I would term that 'wishful thinking'. And a 3 month 'risky' living expenses for a start up is what
by WalterSear 12y ago
I wouldn't say 6+2 months of living expenses is 'realistic'. I would term that 'wishful thinking'.
And a 3 month 'risky' living expenses for a start up is what I would call "I'm vastly underestimating what I got myself into."
The founders at my current job have been working at this for 4+ years. We just received series A funding. Any expectations of an IPO or other exit are at least another 3+ years from now, and that's also a 'wishful thinking' number.
- adamzerner 12y agoAs for startup living expenses, I meant that as taking into account the possibility of revenue and fundraising. I'll edit the question to clarify.
- WalterSear 12y agoIf you already have angel funding in place, then certainly take that into account. Otherwise, IMHO, I still think your runway timing is suicidally optimistic, particularly if this is your first 'go' at this.