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Twenty employees at $100K each is $2M. A popular site can easily cost $60K a month. Office space in SF/PA/NYC is going to be about $50 per square foot. It al
by rdouble 13y ago
Twenty employees at $100K each is $2M.
A popular site can easily cost $60K a month.
Office space in SF/PA/NYC is going to be about $50 per square foot.
It all adds up pretty fast.
- Sealy 13y agoHow do start-ups justify spending that much when there is not the same amount of profit generated per month? Are the VC's they guessing what the potential revenue will be?
- endlessvoid94 13y agoYes. That's what it's all about: risk.