The “startup” I work for operates on just shy of US$4M/year. Over half of this goes to the sales team and upper management salaries. We’ve been around for almost a decade and only generate $750,000 in gross revenue a year.

Take the money while it’s there!

That is really all just a barometer on how valuable what your offering people is; that is what you should be most worried about.

How does your company continue to survive after 10 years of $4.5 million in operating costs and $750K gross revenue? Sounds more like a charity than a business.

Anonymous says:

March 21, 2014 at 6:37 am

Yeah there’s something missing here. When was the last funding round?

Reply
- Anonymous says:
  
  March 23, 2014 at 5:27 am
  
  OP here. I wasn’t on the “founding” team (which is two, four, or seven people, depending on who you ask) and poked around a bit. Our funding largely consists almost completely of “strategic investment” money from one overseas conglomerate. If our company fails, the investors get to take all of our code and database records. If we’re successful, presumably, we’ll just end up getting acquired by them, which is the same to them either way.
  
  Put another way, while we do have a very few customers and clients and some contracts, our major “account” or “contract” is with a potential parent company.
  
  Reply
  - Anonymous says:
    
    March 26, 2014 at 5:58 pm
    
    Leave and find (or found) a more promising startup.
    
    Reply

… [Trackback]

[…] Here you will find 21920 additional Info on that Topic: startupsanonymous.com/confession/the-startup-i-work-for-operates-on-just-shy-of-us4myear-over-half-of-this-goes-to-the-sales-team-and-upper-management-salaries-weve-been-around-for-almost-a-…

… [Trackback]

[…] Information to that Topic: startupsanonymous.com/confession/the-startup-i-work-for-operates-on-just-shy-of-us4myear-over-half-of-this-goes-to-the-sales-team-and-upper-management-salaries-weve-been-around-for-almost-a-decade-and-only-generate-7500…

… [Trackback]

[…] Info to that Topic: startupsanonymous.com/confession/the-startup-i-work-for-operates-on-just-shy-of-us4myear-over-half-of-this-goes-to-the-sales-team-and-upper-management-salaries-weve-been-around-for-almost-a-decade-and-only-generate-750000/ [..…

… [Trackback]

[…] Read More Information here to that Topic: startupsanonymous.com/confession/the-startup-i-work-for-operates-on-just-shy-of-us4myear-over-half-of-this-goes-to-the-sales-team-and-upper-management-salaries-weve-been-around-for-almost-a-decade-and-onl…

… [Trackback]

[…] Find More here on that Topic: startupsanonymous.com/confession/the-startup-i-work-for-operates-on-just-shy-of-us4myear-over-half-of-this-goes-to-the-sales-team-and-upper-management-salaries-weve-been-around-for-almost-a-decade-and-only-generate-7…

… [Trackback]

[…] Info on that Topic: startupsanonymous.com/confession/the-startup-i-work-for-operates-on-just-shy-of-us4myear-over-half-of-this-goes-to-the-sales-team-and-upper-management-salaries-weve-been-around-for-almost-a-decade-and-only-generate-750000/ [..…

… [Trackback]

[…] There you will find 22069 additional Info on that Topic: startupsanonymous.com/confession/the-startup-i-work-for-operates-on-just-shy-of-us4myear-over-half-of-this-goes-to-the-sales-team-and-upper-management-salaries-weve-been-around-for-almost-a…

… [Trackback]

[…] Find More on that Topic: startupsanonymous.com/confession/the-startup-i-work-for-operates-on-just-shy-of-us4myear-over-half-of-this-goes-to-the-sales-team-and-upper-management-salaries-weve-been-around-for-almost-a-decade-and-only-generate-750000…

… [Trackback]

[…] Find More Info here to that Topic: startupsanonymous.com/confession/the-startup-i-work-for-operates-on-just-shy-of-us4myear-over-half-of-this-goes-to-the-sales-team-and-upper-management-salaries-weve-been-around-for-almost-a-decade-and-only-gener…

… [Trackback]

[…] Find More on on that Topic: startupsanonymous.com/confession/the-startup-i-work-for-operates-on-just-shy-of-us4myear-over-half-of-this-goes-to-the-sales-team-and-upper-management-salaries-weve-been-around-for-almost-a-decade-and-only-generate-750…

… [Trackback]

[…] Read More here on that Topic: startupsanonymous.com/confession/the-startup-i-work-for-operates-on-just-shy-of-us4myear-over-half-of-this-goes-to-the-sales-team-and-upper-management-salaries-weve-been-around-for-almost-a-decade-and-only-generate-7…