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by cheald 5366 days ago
$18,500 burn rate is their monthly negative cash flow, not necessarily total monthly expenditures.
2 comments
clarky07 5365 days ago
What cash flow? They have 300ish users of a free product. Surely that isn't a huge revenue stream. I suspect it is just living relatively cheap.
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ttruett 5366 days ago
We live extremely cheaply, even for Tennessee standards. We all share a house and play limbo with the poverty line... A couple of our developers are part-time guys that have helped when needed, we currently have a full-time staff of five.
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scienceguy_ae 5365 days ago
Wait, "a couple" of your developers are part-time? According to your team page you have 7 employees. It looks like 3 of those are technical (less than half... that alone is astounding), so if "a couple" of those three are part-time, that means you only have a single full-time technical employee, unless the full-time guy is the Systems Administrator, in which case you have zero full-time developers.

Sorry, but that seems like a pretty big warning sign for a software startup.

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