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Why would the expenses per employee for a bootstrapped company be different than the expenses per employee at a startup?
by ncallaway 12y ago
Why would the expenses per employee for a bootstrapped company be different than the expenses per employee at a startup?
- muyuu 12y agoBecause they cannot afford the same things and they don't have to explain their expenses to any creditor or investor.
- danieltillett 12y agoBecause you can only spend money you have. If you have lots in the bank then you can spend a lot - most bootstrapped companies can't afford to have any burn rate without soon being out of business.