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> But startup costs have undeniably increased over the past few years. We thought a $30K increase was necessary to help companies stay focused on building their product without worrying about fundraising too soon.

I didn't realize that this was true. I'm interested in hearing more about what has caused the increase in startup costs.

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Well as far as I can tell the $120k was set in 2014. So accounting for inflation alone you're looking at a $7k increase.

Extract the more pertinent components of that which matter more to typical SV startups (like cost of employment, rent in expensive metropolitan areas, etc) and you end up with at least 30k.

Primarily cost of living increases for the founders. Things like hosting and other services have gone down.

Ah, that makes sense. Thanks.

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