Six Apart business figures

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1. Greg Linden on December 20, 2004 at 5:41 PM wrote: #

   Wow. That's a lot of employees. What do you think their fully loaded costs are per employee? $200k/year? So, right now, they have 60 employees @ $200k/year? That's $12M year. Against $2-5M in revenue? And they're planning on doubling staff to 120 in the next 18 months? How much funding does Six Apart have? I thought their last round was for $10M. Looks like they'll be burning through that pretty fast.

2. ? Niall Kennedy on December 20, 2004 at 8:08 PM wrote: #

   The article also quotes CEO Barak Berkowitz saying they are "very close to cash flow break-even." Yes, Series B funding was $10 million.

3. Greg Linden on December 20, 2004 at 10:13 PM wrote: #

   Interesting. If that's true, even generously ignoring all other costs and ignoring their hiring, that'd put their fully loaded cost per employee at ($2-5M/60) = $33k-83k. That'd be extraordinarily low. $200k-250k is more typical, isn't it? For fully loaded costs (salary, benefits, equipment, office space, etc.)? All very curious.