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Same here at picplum. Enough to not have to worry so much about personal finances that it distracts you from building a company. My cofounder once said (half-jo
by PStamatiou 15y ago
Same here at picplum. Enough to not have to worry so much about personal finances that it distracts you from building a company. My cofounder once said (half-jokingly), if you are a founder paying yourself enough that you can save money each month, you're doing it wrong. I'll have my out-of-state student loans forever..
As an other extreme - for my first startup, I raised $15k and only used up $13k over a year and a half. Though at that time my blog was a small stream of passive income.
- kappaknight 15y agoDo you guys pay rent out of the business? (As in, an expense like leasing office space, etc.) One thing I do try to do is expense everything that is reasonable.