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Ask HN: How should aspiring founders plan financially?
I’m in-line to receive my green card in 2 years. At that time I’d like to try my hand at a startup. I’ve been saving money to fund myself for the first year (or two, or …?) but there are lots of unknowns financially once you start to get traction. How long until a founder can typically draw a salary? How much is typically drawn?
I suspect the answer is ‘keep your burn as low as possible’ but advice is appreciated. Some details about my situation: - married with baby - live in non-BA big tech center - interested in buying house but concerned about locking in my burn rate - currently working at a well paying large CO as a SWE