[yakto]

How do you have a burn rate of only $18,500/mo with seven (apparently) full-time employees? Is that burn rate net of some kind of revenue, or are your seven employees making an average annual salary of about $31K each? Even for TN that seems awfully low.

As a point of reference, in SV a ballpark OPEX for 7 employees in a startup would be $80-90K.

[cheald]

$18,500 burn rate is their monthly negative cash flow, not necessarily total monthly expenditures.

[clarky07]

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.

[ttruett]

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.