Office Hours at Startup School NY 2014

TL;DR

Y Combinator partners conduct onstage office hours with three early-stage startups: Salary Fairy (crowdsourced salary predictions), PairUp (discount marketplace for excess food inventory), and an unnamed app for couples to share expenses via synced credit/debit card transactions.

Key insights

• 40% of American professionals have a doubt they might be underpaid, per Salary Fairy’s survey.
• Salary Fairy has 9,000 users with 10% weekly growth and a 30% return rate over three months; 40% of users say the prediction is fair, 25% say low, 25% say high.
• The only way to validate salary predictions is for the user to actually get a job offer at that price point.