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If you're raising such a little amount, your team isn't going to be that big. Salaries are usually paid monthly, so that amount can technically sustain a small
by DigitalSea 5y ago
If you're raising such a little amount, your team isn't going to be that big. Salaries are usually paid monthly, so that amount can technically sustain a small team of developers and a designer for a few months. When a startup raises money, it's a sign of confidence and generally means they won't have an issue raising more money. Seasoned investors will sometimes wait until someone else makes the first move before diving in.
- beforeolives 5y ago> Salaries are usually paid monthly, so that amount can technically sustain a small team of developers and a designer for a few months. Obviously everyone has different interests, personal circumstances and risk tolerance but I'm amazed by the people who get involved in companies with little runway. Very early startup employees, what's motivating you?
- emteycz 5y agoThe possibility of huge piles of cash