On: 7 Months Into My 2nd Stint as a Startup CEO

[socialmedian]

with 12 people $40k/month total burn is like paying each person around $30k/year annual salary when you factor in other expenses like equipment, telecom, travel, etc. So yeah, that's pretty tight.

[briancooley → socialmedian]

It's not the $40K that's surprising, it's the 11 developers. I'd have guessed 3-4 (and consequently a lot lower burn).

Burning over a quarter of a million in 7 months on a web app sounds like a lot these days, but I'm not out there doing it, so what do I know.