Imagine there is some prestigious investor willing to invest in your company (pre-seed $500k, you can get more for your seed round later if you succeed) The tricky part is you are getting $X TC from your current company. What is the minimum TC that you would feel to stay in your job due to golden handcuffs #google #meta #netflix #uber #amazon #microsoft #apple
I guess all depends on what your net worth is now, for someone who has a 2M at 30, it's not a huge risk for example
depends on revenue and multiple
Building startup is about people and not money. If you need a fail safe basket then you will never be able to take a leap of faith. Money is a resource to help you bridge gaps in your shortcomings to delivery something. If your needs are high and expenses are through the roof you will not be able to start anything no matter the amount of money that’s thrown at you.
unless you have confidence in your startup idea/product that you can get PMF and go to market, you are trading for a different set of handcuffs
Anything in 6 figures or low 7 figures is being short sighted.