2 ms·

10 people at 100k per year plus benefits plus taxes/fees plus office space adds up really fast.

• unalone 18y ago
  Huh! I'd have thought a start-up would work from an apartment or something to save costs. And forgive my ignorance, but isn't 10 people a lot for a start-up? Isn't 100k a year rather a lot? And when you get investments, is that what part of the money goes toward, your own salary?
  • fallentimes 18y ago
    I'm talking about them, not necessarily the typical startup: http://www.fansnap.com/leadership http://www.fansnap.com/leadership
  • aston 18y ago
    10 people is still a pretty small company, all things told. You can draw the line for "startup" wherever you like, but a million dollars goes pretty fast for most businesses.
    • moe 18y ago
      Yup, but we're talking 10 million dollars here. Imho the term startup becomes a bit misleading when you're going at it with that kind of money. "Corporate spinoff" or something might be the better term. I'll freely admit that I'm a bit jealous here (talking from the perspective of a self-funded startup), figures like that just make my head spin. You keep reading that VCs would rather fund 10 startups instead of one, because 8 of them fail either way. Then you read about A/B rounds in the millions...