I’m not sure what their valuation was but single digits millions sounds totally reasonable for a company you’re describing. Just to hire 10 engineers you’ll need to be in low millions
I don't want to diminish the work that any developers do, but a headcount of 10 seems high to me. (Unless some of those are simply "support engineers" who do nothing but support paying customers, but that would go up and down with revenue)
I don't want to diminish the work that any developers do, but a headcount of 10 seems high to me. (Unless some of those are simply "support engineers" who do nothing but support paying customers, but that would go up and down with revenue)