4 ms·
110M to 50 firms over 5 years is about 440k/year/firm. That’s roughly 2, maybe 3 FTEs on average. Don’t get me wrong, I’m not a fan and averages can hide a lot,
by cpetersen 2y ago
110M to 50 firms over 5 years is about 440k/year/firm. That’s roughly 2, maybe 3 FTEs on average. Don’t get me wrong, I’m not a fan and averages can hide a lot, but that’s not exactly swimming in foreign money either.
- fragmede 2y agoPer firm, sure, but there are 50 of them. they're probably paying quite well in cash, since they can't pay stock options, so that 440 probably covers 1 high level employee and a jr one.