News for hackers. Stuff that matters.
Re:The boss who put everyone on 70K by volkk on Friday February 28, 2020 @01:39PM (#22445146)
sure but don't you have to first sell it for it to be worth anything? if on a weekly basis he's making much much less, (if you had read the article), he would need to be doing other things to afford his life, which seems to be the case. he was airbnb'ing his apartment for side cash.
Re:The boss who put everyone on 70K by mperham on Friday February 28, 2020 @02:07PM (#22445369)
If you own a company, you keep whatever profit remains after expenses. Your salary can be $70k but your monthly or quarterly owner distribution can be much, much more.

Of course, if you are not profitable...

Re:The boss who put everyone on 70K by appleiigs on Friday February 28, 2020 @02:44PM (#22445689)
> Of course, if you are not profitable...

Which it seems like it must not be due to owner renting out his house and crying at a new car. Maybe not profitable due to the salary expense?...

Re:The boss who put everyone on 70K by volkk on Friday February 28, 2020 @02:18PM (#22445467)
true, good point. also Mike, thanks for sidekiq (amongst many other things) :)