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The pairing of 100 people and $1M revenue seems off by a factor of 10, unless the author intends that the latter limit will almost always be hit first? For exa
by jefftk 5y ago
The pairing of 100 people and $1M revenue seems off by a factor of 10, unless the author intends that the latter limit will almost always be hit first? For example, in the US, a company with 100 people would be ~$2M in payroll+taxes alone if it paid federal minimum wage.
- kemitchell 5y agoYou might find my reply to another comment interesting: https://news.ycombinator.com/item?id=29928153 https://news.ycombinator.com/item?id=29928153
- cestith 5y agoIt doesn't say 100 full-time equivalent positions for the full year. It says any 100 individuals employed directly or as contractors at any point in the year. Pay someone on Fiverr or Craigslist $50 for a logo? That's a contractor. Have someone on commission-only outside sales for two weeks who didn't bring in any revenue? That's an employee or maybe a contractor.