Not nesc. if you fail to deliver and fail to spend money on developing the product, you'd still likely be screwed. However, if he spent $85k on himself [salary

Not nesc. if you fail to deliver and fail to spend money on developing the product, you'd still likely be screwed. However, if he spent $85k on himself [salary+expenses which were essentially just his money] and $35k on development, he'd have been fine.