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#207 - How to Make Millions by Unbundling Etsy
My First Million
How Much Is a Million Dollars a Year?
In canada, we have these things called research and development credits. 30 grand times 12 is three 60. So 360 thousand dollars an employee. Three 60 times a 15, if you have 15 employees, thats con be around five million dollars. It's a lot of money. I talked to the sky the other day, and he had 15 people and s and he told me he was spending a million dollars a year. And so let ust say i 3 to five million dollars is the huge range to have a team of 15 engineer,. heavy, a highly competitive start up, a of to get going.
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