4 ms·
>1,000 employees means a burn rate in the hundreds of millions per year just on the costs of having employees, $260m burned in a year sounds about right for a c
by iterminate 3y ago
>1,000 employees means a burn rate in the hundreds of millions per year just on the costs of having employees, $260m burned in a year sounds about right for a company of that size.
- zachthewf 3y agoBurn is how much you lose, not how much you spend. If you have >1,000s of employees you presumably also have $100s of millions in revenue.