8 ms·
Just a guess, but since the company in question (Dating Ring) relies on matchmakers to help make dating matches for people, I can't help but wonder if they didn
by cushychicken 11y ago
Just a guess, but since the company in question (Dating Ring) relies on matchmakers to help make dating matches for people, I can't help but wonder if they didn't try to grow their employee count a little early. Looking at their homepage, they have four matchmakers on staff, and from listening to Startup, I know they have another two people (a COO and a CTO) on board. Guessing they probably have a few other folks on staff too, and since they're based in NYC, it seems to me that they likely have payroll expenses well beyond what they're pulling down monthly.
As I say - just a guess. But $25k/month serves 5 employees reasonably enough in NYC, but I wouldn't say more than that.
I really hope they pull through. I anticipate nothing like I anticipate the latest episode of Startup now that Season 2 is going.