My startup failed, and this is what it feels like

Re:My startup failed, and this is what it feels like by nikkidurkin on Monday June 23, 2014 @07:23PM (#7935381)

5 full time staff, an office, flights, marketing expenses - that all ads up. Apparently we were burning a third of what a startup at our stage normally is with our team size, and I even thought that was a lot.

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Re:My startup failed, and this is what it feels like by diziet on Monday June 23, 2014 @09:47PM (#7935814)

Was your office in SF (SOMA?). What marketing expenses -- were you paying for user acquisition on mobile? Were you flying to Australia and back?

Lasting 4 years on 700k with 5 people and no income (or even 2 years) with some other minor expenses is relatively low burn, though. We budget 100k+~ / person / year. If your app involved shipping dresses to your office, unfortunately you need to run the ops for it and handle physical objects :(

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Re:My startup failed, and this is what it feels like by diziet on Tuesday June 24, 2014 @04:02PM (#7940202)

Curious as to why I was downvoted ~

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