Re:Ask HN: I need help 'guessing' initial startup cost
by thewordpainter on Tuesday October 05, 2010 @10:19PM
(#1762447)
there's all kinds of factors that could affect that answer.
for example, we have a core team of four with five additional interns at the moment. our cost? zero. we're as bootstrapped as it gets, and nobody has taken any pay to date...but we're based in athens, ga where the cost of living is minor.
i would recommend considering 100% of a pie and how much each member you described would be worth. from there, be flexible & generous with your equity as you're filling out the team. equity is your biggest asset at the stage you're at. hope that helps!
for example, we have a core team of four with five additional interns at the moment. our cost? zero. we're as bootstrapped as it gets, and nobody has taken any pay to date...but we're based in athens, ga where the cost of living is minor.
i would recommend considering 100% of a pie and how much each member you described would be worth. from there, be flexible & generous with your equity as you're filling out the team. equity is your biggest asset at the stage you're at. hope that helps!