Doing a COL adjustment/average employee salary to burn rate could be interesting to normalize the data. In other words is the salary of engineers driving the disparity or are there other factors behind the burn rates.
Exactly. Our plan going forward is to start breaking down burn by major factors like salary, rent, vendor spend.
Another interesting one we're looking at is the breakdown of burn by industry and stage. We can also then compare the major factors across these breakdowns to give really good comparisons for startups.
Another interesting one we're looking at is the breakdown of burn by industry and stage. We can also then compare the major factors across these breakdowns to give really good comparisons for startups.