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with 12 people $40k/month total burn is like paying each person around $30k/year annual salary when you factor in other expenses like equipment, telecom, travel
by socialmedian 18y ago
with 12 people $40k/month total burn is like paying each person around $30k/year annual salary when you factor in other expenses like equipment, telecom, travel, etc. So yeah, that's pretty tight.
- briancooley 18y agoIt's not the $40K that's surprising, it's the 11 developers. I'd have guessed 3-4 (and consequently a lot lower burn). Burning over a quarter of a million in 7 months on a web app sounds like a lot these days, but I'm not out there doing it, so what do I know.