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A) What did you give up for $650K? B) $650K seems such a low amount of money, it's barely enough to hire 2-3 senior level developers for a year, and rent an of
by rorrr 14y ago
A) What did you give up for $650K?
B) $650K seems such a low amount of money, it's barely enough to hire 2-3 senior level developers for a year, and rent an office space. I have no idea how you guys launch startups with such small amounts of money.
- edu 14y agoAre you serious?
- fuzzythinker 14y agoThat's not far from the truth for locations like SF bay area.
- Mahn 14y agoIf you plan on hiring people and rent an office space, it definitively won't give the company a long life span.
- HNLogInShit 14y agoExactly. The unanswered and huge question here is how much equity she gave up. Without that info, this "story" is not worth much.
- lampooned 14y agoWhy would a startup so young would blow their money on hiring 2-3 senior level developers?
- Mahn 14y agoWhy would they raise money otherwise? Not much point in raising +$500k if you plan to stay solo and coding at home.
- mgkimsal 14y agoYou could hire lower-level dev staff, and you'll probably need some marketing and admin people, most of whom would be less expensive, and free more time up for a second round of fundraising (assuming that's a goal).
- chiph 14y agoWhy would you reduce your chances of success by hiring inexperienced developers? Sure, ok. Hire one experienced person to train & supervise some fresh-outs, and solve the harder problems.