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I agree this sounds suspect. A lot of people don’t realize what “$14mm ARR” means. The contract, accounting and legal work alone would require a couple of peop
by sn0w_crash 4y ago
I agree this sounds suspect.
A lot of people don’t realize what “$14mm ARR” means. The contract, accounting and legal work alone would require a couple of people.
Not to mention Infrastructure, monitoring, QA, etc - all that good stuff.
It costs money to generate revenue.
- sbarre 4y agoMy bet is employees here refers to full-time salaried employees. No doubt they work with contractors and freelancers. The article even says they have "a few people to write content for the blog".
- tomschwiha 4y agoThose need to be managed, I would definitely hire someone to manage and to load off stress yourself.
- eloff 4y agoGet one of those people to manage the group. You call it the lead role, and pay them sightly more. You don't need a dedicated manager.
- proamdev123 4y agoYeah, but if those things were outsourced that would support the “1 full time employee“ claim.
- brianwawok 4y agoI mean, I run a startup not doing that much worse. I have 0 accountants (pay CPA yearly for tax work). 0 lawyers. 0 devops. 0 QA. 0 monitoring . 0 HR. I do have : 3 devs (if I include myself) 3 support (tickets) 2 other supporting roles If I coded 100% myself (which I have in the past and could in the future, it would just mean less new features) and had a way to not answer tickets (like the OP story it sounds like due to product complexity), I could totally do this alone… It’s amazing how lean you can be in SaaS if you must. Us bootstrappers know this. So much if a modern enterprise is bloat. You have how many DBAs? How many QA? Lol.
- p1necone 4y agoDev and devops shouldn't be separate people anyway. If your devops person isn't also working on the product you're doing it wrong (in my only slightly educated opinion).
- psaux 4y agoThat might be SAAS. The other side of the coin is not the same. You do a multi year multi million dollar deal with a fortune 100, don’t expect 0 lawyers, 0 CPA’s.
- nimchimpsky 4y ago
- codingdave 4y agoYou hire a lawyer for that specific work. At $14M ARR, you can afford to hire one when needed. They don't have to be a full-time employee. Same goes for accounting or any other operational staffing. Part-time or project-based contracting works great for such things.
- brianwawok 4y agoRight, it would be insane to have a full time lawyer (or HR or Monitoring or DevOps) at that size. At $600 an hour you can likely do all your legal work in 0-10 hours a year.
- jeromegv 4y agoSo you are 8 people. Quite a lot different than a single person. If you had a way to not answer tickets, that means you would not offer support to customers, so likely a lot less customers would be interested to pay you. You don’t get to 14 millions by cheaping out that way.
- formerkrogemp 4y agoMore like you end up with minimal staffing a la floqast for example.