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Curious about the logic you used to determine a company's balance based on employee pay. Is this just your own number fidgeting or an actual best practice in fi
by tppiotrowski 4y ago
Curious about the logic you used to determine a company's balance based on employee pay. Is this just your own number fidgeting or an actual best practice in finance?
It seems weird that a company paying someone less than $5K a month would need $250K in the bank. we had $100K seed check at my startup and I got paid $6K per month as a counter example.