3 ms·

3k a month for a two-founder team. A single guy with no other obligations living in a cheap place might be able to pull it off. Married with kids -- forget it.

• _delirium 11y ago
  Eh, $3k/mo is not a great income, but it's exaggerating to say that it's an income only for a "single guy with no other obligations living in a cheap place". It's a typical middle-class American income, in fact it's almost exactly equal to the median income of a full-time worker in the United States [1]. Which, yes, is not great (the middle-class in the U.S. is not in great condition at the moment), but it's clearly neither just young single guys nor the bottom quintile living on that level of income. And, in larger households typically there's nowadays an expectation of two income earners. Now if the goal is to entice people making 6 figures at a tech job to quit their jobs and join this program, it probably isn't enough money. But maybe that isn't the goal? [1] http://www.bls.gov/news.release/wkyeng.t01.htm http://www.bls.gov/news.release/wkyeng.t01.htm