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