Earlier quoted context omitted.
Source? What is ideal for Bay Area? Most startups I see have salaries around ~$80k (~$32/hr for 48hr week or ~$40/hr for 40hr week)
You realize that the $80,000 includes completely free health care (otherwise $300 a month minimum, if not more if they offer a good plan) with no employee contribution, free dental ($20 a month?), $300 towards vision a year, minimal life insurance maybe, free meals at the office, etc. Not to mention that you get sick pay, holiday pay, retirement account contributions, etc. Including the benefits it easily adds up to…
Or the fact that a very large portion of your time as a freelancer has to spend with non-income earning activities (accounting, marketing, etc) if you want to have any chance of surviving as a freelancer.
60$/hr for a freelancer is equivalent to about 60,000-80,000/year. It's a decent income for some parts of the country, but not SF.