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by amatecha 895 days ago
I wonder if there's a business/service that estimates "remaining funding" based on raised funds vs. number of employees and their respective role's average salary? You could almost see it coming when a company is still in the early stages, probably not generating revenue, and burning up cash. The fact I even think about this means someone in the area of business finance thought of it a looong time ago... haha
1 comments

Could probably build this with paid access to Crunchbase data set and LinkedIn headcount. Their roles, when advertised, should have (broadly defined) cash comp depending on state pay transparency laws. Cool idea.

Seriously though, if you're a business like https://simpleclosure.com/ you'd probably use this for prospecting. Recruiters too might pay for such a list to recruit from companies in peril ("motivated talent"). Lots of ways to potentially squeeze some fiat from this idea imho.

You're missing the revenue component if you do that.