Applications Open for Winter 2012 YC Funding

Post by idlewords » Wed, Aug 31, 2011, 4:59 PM UTC

rorrr wrote: post #118

idlewords wrote: post #86

Earlier quoted context omitted.

$20K is a LOT of money. You can form an LLC for a hundred bucks, lease a server for another hundred, and do your own graphic design at the outset (or hire a student for a couple of hundred). To hire a sales guy, just use the money from all the sales that are taking up so much of your time you need to hire someone else to handle them. That comes a little bit later...

$20K is NOT a lot of money. Consider that hiring anybody will cost you at least $40K/year. Hiring a senior level programmer will cost you $130-180K/year (counting his salary, benefits, taxes, accounting, work place).

Post by helen842000 » Wed, Aug 31, 2011, 9:39 PM UTC

robjohnson wrote: post #115

From this thread, it almost seems that a founder dating section of HN would be pretty beneficial to a lot of people. Granted, there are already too many find-a-cofounder sites out there, but the caliber of people and ability to see the past posting history of a potential cofounder on HN seems to be potentially valuable.

Post by prayag » Thu, Sep 01, 2011, 4:51 PM UTC

mikesaraf wrote: post #101

prayag wrote: post #82

Earlier quoted context omitted.

>Do most YC company founders go in debt / use savings / use most of the YC money, to cover personal expenses while they do this? For us Yuri and SV money investments covered everything and gave us enough to stash.

If you feel comfortable doing so, can you share what additional percentage of equity you traded for the additional investment. (A range is fine)