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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 office space. I have no idea how you guys launch startups with such small amounts of money.



Why would a startup so young would blow their money on hiring 2-3 senior level developers?


Why would they raise money otherwise? Not much point in raising +$500k if you plan to stay solo and coding at home.


You 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).


Why 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.


Are you serious?


That's not far from the truth for locations like SF bay area.


If you plan on hiring people and rent an office space, it definitively won't give the company a long life span.




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