4 ms·
Hm, wikipedia lists 40 staff, and 450 students per year. Say 40 * $200,000 = $8mm/yr, plus rent. 450 students/yr ~= $6mm. This back of the envelope would poin
by arikr 9y ago
Hm, wikipedia lists 40 staff, and 450 students per year.
Say 40 * $200,000 = $8mm/yr, plus rent. 450 students/yr ~= $6mm.
This back of the envelope would point to them being unprofitable.
- blackoil 9y agoAvg. salary of 200K seems to be very high?
- arikr 9y agoFully loaded cost. See: https://www.quora.com/Why-did-Vicarious-raise-so-much-money-40MM-in-March-2014/answer/Michael-Wolfe?srid=p42X https://www.quora.com/Why-did-Vicarious-raise-so-much-money-..., https://www.quora.com/What-is-the-mean-cost-per-year-for-a-software-engineer-in-Silicon-Valley/answer/Michael-Malone?srid=p42X https://www.quora.com/What-is-the-mean-cost-per-year-for-a-s...
- cjbprime 9y agoIt was a ballpark of the cost per employee, not the salary per employee.
- jnmandal 9y agoYou normally do math like this with assumption an employee costs 2x salary.