[emjaygee]

I find this disturbing. I realize that startups are usually associated with non-linear returns but assuming the burn rate in the OP is about gross expenses, not just net burndown of the funding, I think that there's a huge problem with hiring the cheapest engineers hoping to make big bucks from the IPO rather than the best engineers who can solve the problem in a reasonable manner.

This speaks to the problem with demand for entry level (meaning cheap) folks in the tech sector as well as the disruption culture over delivering long term customer value.