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emilepetrone175 karma

First and foremost salaries, health insurance, basic business expenses (servers, designers, travel etc). Having worked at 4 funded startups before this, most have to raise other rounds to hire more people as the business scales and you have to hire more.

EDIT: Some think this was a "sneer" sorry if it came across that way! Realistically this lasts a year at most - 18 months. Seed round should let you fully test the concept and if the business actually can grow to a much larger scale. I'm sorry if that answer sounds like it was anything but a sincere answer.

emilepetrone125 karma

Oh I'm working the phones like i'm in Glengarry Glen Ross...working on bringing it back up

emilepetrone58 karma

You got that right!