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11 Things I've learned from running a micro VC in the last year

Hippoland

To be clear, this isn’t your salary – this is your budget to run your company. Your salary does come from this number, but you also need to cover salaries of everyone else on your team (if there are others on your team). If your fund is say $10m, then that means you have a yearly budget of $200k.

Salary 48
article thumbnail

11 Things I've learned from running a micro VC in the last year

Hippoland

To be clear, this isn’t your salary – this is your budget to run your company. Your salary does come from this number, but you also need to cover salaries of everyone else on your team (if there are others on your team). If your fund is say $10m, then that means you have a yearly budget of $200k.

Salary 48
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Optimizing Your Agency For Profitability

Duct Tape Marketing

So all the salaries and payroll that's allocated to the delivery function in your business, and then what we like to call, share delivery expenses, which would be some of the software or tools that you're paying for that aren't necessarily for one specific client, but you need to do the work. You low value at the bottom.

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25 Best Startup Failure Post-Mortems of All Time

www.chubbybrain.com

created a vastly higher cost structure; I had 80 people mostly on base salaries under $100,000 and was bringing in revenue at the rate of $20 million annually. The ArsDigita of Greylock, General Atlantic, and Allen had nearly 200 with lots of new executive positions at $200,000 or over, programmers at base salaries of $125,000, etc.

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CEO Friday: Why we don’t hire.NET programmers

blog.expensify.com

It’s like arguing against vertical software. Otherwise, for those yet-another-facebook-type social web apps, just hire competent programmers and give them salary and perks that normal professionals expect, and not hope that their compulsion covers for your managerial incompetence and angel investor micromanaging idiocy.

Java 107