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- Only 1 fulltime employee (um...me) + 3 remote freelancers.
- Works from home.
- Based in Penang island (somewhere between Bangkok and Singapore with its living cost much lower than both of them).
Hacker Monthly ( http://hackermonthly.com ), self-sustaining so far and doing everything to keep cost really low: - Only 1 fulltime employee (um...me) + 3 remote freelancers. - Works from home. - Based in Penang island (somewhere between Bangkok and Singapore with its living cost much lower than both of them).
- 2 partners (one of them is me)
- 3 board member who contribute several hours a week gratis
I took some funding at the beginning, but we are now completely self-sustainable. We did this by being hungry. Our burn rate is incredibly low. Our downtown office we rent we got for next to nothing (thank God for karma). The only thing we splurged on is we bought the best tools for our employees. Getting married in 230 days also helps you to keep your foot on the gas.
It's been a lot of fun.
Forrst ( http://forrst.com/ ) makes more than enough to cover all costs, including some of my salary. The rest comes from a seed round I took in March.
Left full time employment two years, was profitable within three months, now employ three full time staff and profits into seven figures. The best move I ever made.
ThatHigh.com pays my rent in SF. Currently working on Djangy.com, hopefully that will "supplement" thathigh :-)