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Re:Bhutan's first AI startup is seven college kids in a dorm by beezlebroxxxxxx on Wednesday July 17, 2024 @10:59AM (#40986640)
> As of June, NoMindBhutan had 150,000 ngultrum ($1,799 [USD]) in the bank

For context, google search puts the average monthly Bhutan salary at ~200 USD.

Re:Bhutan's first AI startup is seven college kids in a dorm by __rito__ on Wednesday July 17, 2024 @11:54AM (#40987241)
Yes, the money is extremely, extremely low. Even from an Indian subcontinent point-of-view. I didn't expect them to boast hundreds of thousands of USD, but they should have at least made 20k-30k USD.
Re:Bhutan's first AI startup is seven college kids in a dorm by Ugyen_Tech on Friday July 19, 2024 @10:51PM (#41013645)
Yeah, it's a bit more compared to our average monthly salary, but I'm not sure how much you understand our work and sacrifices to save up this $1,799. We've been running our startup without paying ourselves a single penny for 13 months straight, using our own pocket money for traveling and covering expenses the entire time. We've earned extra funds by developing websites for local people, and every bit of money we get from this goes straight into our bank account. That's how we've managed to save this amount. We have our goals, and getting external funds is like finding a unicorn here, so we want to reinvest in ourselves.