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Enough money to keep going doesn't mean just enough money to cover the costs. It means being able to continue paying yourself and all your employees their salar
by that_guy_iain 2y ago
Enough money to keep going doesn't mean just enough money to cover the costs. It means being able to continue paying yourself and all your employees their salaries, meet costs and make a small minimum profit.
- normie3000 2y agoAren't salaries considered to be part of the costs?
- oefrha 2y agoEmployee salary is definitely cost. Founder/owner salary is more complicated.
- that_guy_iain 2y agoYea, I meant more pay all the other bills like AWS, etc. But yea, salaries are defo costs.
- CPLX 2y agoYou have to add “and return initial capital” to that list. That’s usually what’s at issue here.
- that_guy_iain 2y agoThe reason that is the issue is because that is not something they actually need to do. It's something the investors want but not generally required as they expect an exit of some sort.