Comment by michaelbuckbee
15 years ago
That's definitely true, but what that doesn't accurately capture is the time / mentorships and introductions that the YC team invests in all of their startups.
15 years ago
That's definitely true, but what that doesn't accurately capture is the time / mentorships and introductions that the YC team invests in all of their startups.
Ok, double that 5 million then to 10 million (a very generous assessment of their time). It's still an incredible return.
5ish years for 5ish people, some of whom could draw quite a fine salary in the M&A division of a big company or hedge fund or VC firm, and $5M doesn't seem too very generous an estimate. It is close to dead-on.
All of whom have relevant knowledge and experience which tends to only be acquired by making enough money that they don't have to work again. Care to revise your estimate of the money it would take to hire them upwards?