Hacker News new | ask | show | jobs
by SeoxyS 5621 days ago
That's assuming he's taking money for a full year…

In reality, he's not paying the employees a year's salary upfront, so at this point all he really needs to have in cash is the first couple months' salary.

Imagine that he's going off 6 months, at which point he would reassess the financial situation (whether he needs to raise more money, lay off, or is now making enough profits to pay for the team.)

Just a thought…