A couple things. If you’re pulling away engineers, product people, etc from FANG companies who’ve been at the scale signal needs to grow then 30k a month for fully encumbered cost it’s that unbelievable. Remember a lot of the cost of an employee doesn’t end up in that employees bank account. Remember you qualify for public housing in San Francisco if you make less than $150k a year, essentially that’s the real poverty / living wage line.
Also American non-profits are MUCH more restricted than benefit corps. Essentially they aren’t legally allowed to do the things which a normal business would do to be profitable.
Running large tech platforms is very expensive. Scaling is expensive. And Moxie told me one of the hardest parts of building and growing signal was the way non-profit rules limited their options, essentially crippling them.
rabble
npub1wm…jg240
2023-11-18 10:05:54
in reply to nevent1q…86ea
Author Public Key
npub1wmr34t36fy03m8hvgl96zl3znndyzyaqhwmwdtshwmtkg03fetaqhjg240Published at
2023-11-18 10:05:54Event JSON
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