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Their business is making 76k in MRR. They state their profit margin is around 70-80%, and have 3 equity partners. Lets assume they split the profits as their
by balls187 7y ago
Their business is making 76k in MRR.
They state their profit margin is around 70-80%, and have 3 equity partners.
Lets assume they split the profits as their earnings, and each partner makes exactly a 1/3.
That would be about $20,000 a month (less taxes) or an annualized salary of approx $240,000. Which is very, very nice, but not worth spouting social change for.