Re:Seed funding slows in Silicon Valley
by JohnnyConatus on Wednesday August 02, 2017 @08:00PM
(#14915819)
Yup. Assume there's two founders both of which draw a 50k salary, likely after months of bootstrapping. 400k is not even three engineers in SF.
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Re:Seed funding slows in Silicon Valley
by seanp2k2 on Thursday August 03, 2017 @01:16AM
(#14917108)
400k is like the fully-loaded cost of a single engineer if you're trying to hire "top talent" and actually get them to come work for you (i.e. they're valuing any equity you're offering at the likely result of $0).