3 ms·
10% of annual revenue is not 10% of annual burn. Their MMR could be $20k, making the cost $24k or about $800 per person for a week long retreat. That doesn't s
by MacsHeadroom 4y ago
10% of annual revenue is not 10% of annual burn.
Their MMR could be $20k, making the cost $24k or about $800 per person for a week long retreat. That doesn't seem insane.
There's simply not enough information in the post.
- bjornsing 4y ago> 10% of annual revenue is not 10% of annual burn. Not in general. But if the company is “barely profitable” then revenue is approximately equal to cost, and thus 10% of annual revenue is approximately equal to 10% of annual “burn”.