Really? my last job at Bangalore was a little bit more than 80,000 $ - 38 lakhs to those who want the Indian equivalent - (but I have about 10 years of experience and if I do say so myself, I am pretty good at what I do.) . I plan to take care of my n hosting for a while.
Do you mind sharing (here) how much you think hosting would cost? YCombinator companies seem to get by for quite a while on comparaitive amounts of money.
But I could be wrong I was estimating about 250 $ or so per month for your own rackmounted boxes to start with.But let's say about 900 $ a month - . Do you seriously estimate spending more than 10,000 $ a year on hosting before hitting ,say, 100,000 users , at which point you'd have no problems attracting funding?
If you have about 2 years of experience, you can earn 10,000 dollars in 6 months (trivially easily) in Bangalore (if you are any good at coding). As I said earlier people just out of college are paid about 1200 $/month.
Also for "significant contributions to Open Source" (by which I mean something like "wrote and maintains the tcp/ip stack in Linux" or "added and maintains SSA based optimizing phase to the GCC trunk" or even "wrote Ruby on Rails or Django" (not things like "contributed documentation to Ubuntu" or "localized Strings to Hindi"), please name specific people and specific achievements. of the magnitude stated above.
And then tell me how many of those people live in India so that folks like YC should look for them here.
And you can't brush the "not resident in India" part away. That is the point. The really good technical people from India move to the USA or Europe for the tech and startup culture (and of course $$$ :-P ).They still do. To find he most talented Indian Hackers therefore, a search in California is better than one in Bangalore. .That was MY point.
Ahh I am spending too much time on this. I have work to do and code to write. Ciao