> The four cofounders each own 25% of the company, and at launch each put in $1,000 to cover initial costs. That's not much at all, are the founders the only e

> The four cofounders each own 25% of the company, and at launch each put in $1,000 to cover initial costs. That's not much at all, are the founders the only employees, and the other expenses are all hosting costs? > Koebler declined to share current revenue numbers, but said the company is profitable (and that everyone’s been able to pay themselves back the money they initially put in). > Every month, the team meets (virtually) to decide how much they can pay themselves. (The number changes each month, but everyone gets paid the same amount.) These two sentences don't say much, so they got back the $4000 the four of them put in, and are covering costs, but does it pay enough to make up for whatever salaries they had before. > everyone makes their own art for stories instead of paying for agency photos. Not bad, mostly looks like photos with some minor editing, no AI art. This may be an interesting bootstrapping model to follow for other online publications.