I appreciate your comment, but I don’t really know where to start with it since it’s so far off the mark.
1. A start up would start with fewer people and less money. It would most likely be started by people who can live cheaply and/or people who have money from other sources like work or family. Founders typically don’t make anything early, but once the revenue starts rolling in, they can pay themselves and others.
2. Assuming you are referring to a business making 2.5mm, that’s plenty for a smaller team (e.g., 5). Not everyone will be a high-paid tech professional, and the founders will probably be the highest paid folks in sales and tech (at least in this structure). If you’ve got 2-3 founders growing a non-VC tech business making 2.5mm a year, and they can’t make it work, they’ve got big structural issues that they need to address.
3. Outside of the Bay Area or NYC, 10 people on 2.5 mm would be very doable.
1. A start up would start with fewer people and less money. It would most likely be started by people who can live cheaply and/or people who have money from other sources like work or family. Founders typically don’t make anything early, but once the revenue starts rolling in, they can pay themselves and others.
2. Assuming you are referring to a business making 2.5mm, that’s plenty for a smaller team (e.g., 5). Not everyone will be a high-paid tech professional, and the founders will probably be the highest paid folks in sales and tech (at least in this structure). If you’ve got 2-3 founders growing a non-VC tech business making 2.5mm a year, and they can’t make it work, they’ve got big structural issues that they need to address.
3. Outside of the Bay Area or NYC, 10 people on 2.5 mm would be very doable.