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A comment on Why I'm frustrated that I wasn't accepted into Y Combinator.. Parent comment

Re:Why I'm frustrated that I wasn't accepted into Y Combinator. by Tichy on Sunday April 15, 2007 @05:56AM (#13074)
Somewhere I have read that entrepreneurs move to cheap areas to start their startup (maybe it was in the bootstrapping bible, see my submissions, but I am not sure) - apparently that is what Amazon did. Anyway, if you are living in such a cheap area, then you don't need the 15000$, or at least, the equivalent for you would be much less money. I suspect the 15K YC give you are probably spent on the 3 months living in Boston they require you to do.

How much do houses cost where you live, btw? I don't think people would be "gambling away their houses" by giving you 15K - wouldn't that just be two or three years more of paying off the mortgage?

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Re:Why I'm frustrated that I wasn't accepted into Y Combinator. by randallsquared on Sunday April 15, 2007 @01:06PM (#13115)
"How much do houses cost where you live, btw? I don't think people would be "gambling away their houses" by giving you 15K - wouldn't that just be two or three years more of paying off the mortgage?"

Yes, I admit I was being a bit melodramatic. :)

Houses around here cost anywhere from 30K (manufactured home and a building lot) up; site-built homes start in the 60s for a small two bedroom place. I don't personally know anyone who spent more than 150K for a house within 40 miles of here, but there are a lot of ads for subdivisions "starting in the 190s" and such, now. Property values have gone way up for newly built homes, but older homes haven't appreciated proportionately. As I mentioned above, we're paying a little over 50K for ours, but we had the land given to us by relatives.

This is all totally off-topic, I suppose. Perhaps I'll point at this thread when I start hiring to explain why I'm only offering 35K salary. ;)

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