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Are there multiple meanings of "burn rate" at play here? I can't imagine how paying 20 people fulltime salaries is anything approaching "low" - as in under $1
by brown9-2 16y ago
Are there multiple meanings of "burn rate" at play here?
I can't imagine how paying 20 people fulltime salaries is anything approaching "low" - as in under $1 or 2 million. Of course "low" is a relative term, so it all depends on what the number is you are comparing it against...
- AgentConundrum 16y agoI can't imagine how paying 20 people fulltime salaries is anything approaching "low" Expense != Burn Rate A burn rate is just negative cash flow. It's just the negative value found on the end of your income statement. You're only considering salary. They're also bringing in money from their careers offering and their ads. Also, Amazon links get auto-converted into an affiliate link. On a site that gets as many pageviews as they do, these would be not insubstantial revenues, which reduces their burn rate.