Edit: whether it's literally a week or a few weeks my question still remains. What could you build that would be ready to be sold in such a short amount of time that you couldn't hold on to for significantly more profit?
It's almost comedic how out of touch this comment is. Reminds me of this[0]
Not really. It's several months' salary in Eastern Europe and closer to a year's in most of SEA.
You're also assuming that people are building businesses from scratch with the intention of selling them for less than 5k. They probably aren't.
Median household income in 2020 in the US was about $62k. Average was almost $88k.
Sometimes reading HN gives me the feeling that there is no "tech" other than FAANG in the US. Or somehow every little "tech" company is just making FU money, which sounds hard to believe.
For reference, in my G7 country $5k are 3 to 4 months wage.
This is a case of "get deep knowledge about something which can not be replicated by googling your way out". Become a recognized expert in compilers, OS internals, or similar areas and suddenly you get $250-300k anywhere in US/Canada. Europe tech salaries are much lower.
You are severely out of touch with anyone outside of rich America.
You’ll have to work for certain companies in certain industries but if you value comp and you’re good at your job, this is very doable.