how can you devote 100% of yourself (or as much as is possible) to something when so much of your cognitive resources are devoted to surviving day to day?
It's actually possible to run a startup entirely on 5$ droplet. I would suggest switching to Vultr (still 5$ but 0.75 GB and block storage and they accept bitcoin)
It's motivating to get that first paying clients quickly to pay for server. (ramen profitable)
This is a highly absurd comment. No one I know is paying anything more than $3000/month and they all make well over $100k as software developers.
I love how when people come up with these numbers they cite salary-only/pre-negotiation/entry-level income and then they compare this to a small-family sized rent expense to justify your "typical" SV absurdity.
The fact is, many people make well over that with stock options, raises, etc. And even while making that money, lots of my friends in their mid-20s opt to live with multiple roommates and flex their living rooms to reduce their rent cost further.
> Well it's pretty foolish to go even more into debt with a mortgage if you are at risk of having a negative net worth.
Negative equity is usually something that happens after you take a mortgage. And whenever you take a mortgage, there is a risk of getting into a negative equity situation (though the degree of risk varies.)
are you sure you've thought this through?