Thanks! We're a team of four and that's about as big as you can get on 1.5m on full-time rates these days :shrug:
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Thanks for answering. I guess you guys are paying yourselves competitively. I thought most startups pay maybe 150k + equity with maybe a one year runway. Which would mean you would be able to support a team of 10.
https://kruzeconsulting.com/do-founders-of-startups-that-hav...
Presumably:
- the cost of an employee is not just their salary, but health insurance, taxes, a computer setup
- it costs something to run the service
So they may well be paying 4 people 150K each, and they have a year of runway.
Maybe not everyone wants to cut it so fine? Makes sense to be conservative in this kind of climate. Never know how long until you can raise again
Right, but presumably with some insurance and other benefits, total yearly run cost per employee are a bit higher.