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Splitting hairs a bit, but Marc says $60m:

http://feeds.feedburner.com/~r/pmarca/~3/273226506/ning-news...



net investment banker fees


Ah. Should have studied finance. :)


haha believe me it wasn't worth it


The investment bankers who got the missing $10 million might differ in that opinion :)


touche - but not the lower level analysts who worked 100 hours a week at essentially McDonald's manager wages (100k per year divided by 50 weeks divided by 100 hours per week = $20 per hour), staring at TPS reports, pitchbooks and never ending excel schedules.

which unfortunately would be my level.




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