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I'm curious how big their staff is, what their burn rate is, etc. I also am curious if they have 22k paying customers, how many are free tier? That seems like
by brianbreslin 13y ago
I'm curious how big their staff is, what their burn rate is, etc.
I also am curious if they have 22k paying customers, how many are free tier?
That seems like a very healthy business right there, which might be able to squeeze a bit more growth out of its free tier.
- vardy 13y agoYou can see their staff costs as of Dec 2013 here: http://open.bufferapp.com/introducing-open-salaries-at-buffer-including-our-transparent-formula-and-all-individual-salaries/ http://open.bufferapp.com/introducing-open-salaries-at-buffe...
- brianbreslin 13y agoso some quick back of napkin math makes their annual burn rate around $1.6M in salaries.
- joelgascoigne 13y agoThat's around the right ballpark. If you want to do the actual calculation, feel free to take a look at our spreadsheet of salaries here: https://docs.google.com/a/bufferapp.com/spreadsheet/ccc?key=0AgrWVeoG5divdE81a2wzcHYxV1pacWE1UjM3V0w0MUE&usp=drive_web#gid=1 https://docs.google.com/a/bufferapp.com/spreadsheet/ccc?key=...
- joelgascoigne 13y agoThanks for the help vardy! We're currently 22 full-time and will be 24-25 in a few weeks.