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Let's do some quick napkin math. Foursquare has 286 employees[1], let's say the average salary is $120k, representing ~$180k fully-loaded cost. And there you al
by SeoxyS 10y ago
Let's do some quick napkin math. Foursquare has 286 employees[1], let's say the average salary is $120k, representing ~$180k fully-loaded cost. And there you already have a ~$51MM cost.
[1]: https://equidateinc.com/company/foursquare https://equidateinc.com/company/foursquare
- orf 10y ago120k for each and every employee? And none of them mention they shouldn't be spending $50,000,000 a year on... infrastructure (aws I'm assuming)?
- SeoxyS 10y agoProbably a sales- and engineering- heavy team; many of whom will be earning $150k+. Executives are probably making $300k+. This should bring up the average salary at the company. Also, this is just one line-item. There's a lot more expenses to running a business. I wouldn't be surprised to see them close to $80M+ a year. The article didn't exactly say their revenues were $100M, just that it was "well on its way" there.