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Oh my mistake for lack of clarity, the specific program I am referring to in the UK has a mandated starting/1st year salary of $40K USD for high performing Oxbridge grads who understand startups. I'd gladly pay more.

I am open to paying anything up to $300k for key hires. However, the crux of my question is, what approach should I take, and what city should I take it in?

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The average graduate starting salary in the UK (across all disciplines and universities) is around $30k USD. So I wouldn't kid yourself that you're going to get anyone especially exceptional for $40k. That's actually slightly less than the average starting salary for an Oxford graduate.

I appreciate the broader aspect of the question but I think that part is a bit unanswerable ("how should I hire people?")

That's a solid point, maybe it's probably worth finding folk on my own rather than leveraging programs like that one. Thank you!

I suppose a better distillation of my question is: @HN, if you had a blank canvas and the budget to build an A-player team, no geographic constraints, how would you do it? Where would you do it? Remote, office? Any other advice?

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