Is Angel Investing Out of Hand? Joshua Schachter Thinks So

Re:Is Angel Investing Out of Hand? Joshua Schachter Thinks So by ojbyrne on Tuesday December 07, 2010 @04:03PM (#1980607)

Or you live in the Bay Area or NYC and hope to avoid poverty.

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Re:Is Angel Investing Out of Hand? Joshua Schachter Thinks So by yummyfajitas on Tuesday December 07, 2010 @04:34PM (#1980722)

If your startup lives in NYC, you can avoid poverty quite easily on $50k/year. NJ is about 20-30 min away. Rent is lower, food is cheaper, and you don't need to pay 2-3% of your income to MTA ticket booth agents taking home more money than you do [1].

Where you live is a choice, and living in Manhattan is choosing luxury.

[1] Or assorted other overpaid NYC workers.

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Re:Is Angel Investing Out of Hand? Joshua Schachter Thinks So by michaelchisari on Tuesday December 07, 2010 @05:09PM (#1980849)

Maybe there's a case that, at least in the early stages, startups shouldn't be based in the Bay Area or NYC?

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