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A comment on AI OSS tool repo goes archived over night after raising $7.3M Seed. Parent comment

Re:AI OSS tool repo goes archived over night after raising $... by rfgplk on Saturday June 13, 2026 @10:56AM (#48517950)
$7m actually isn't a whole lot, especially if they hired a (larger) engineering team. Assuming their cali based, that's easily 150-200k per engineer, a team of 20 easily eats through that. Idk the specifics, but I don't the organization was fradulent, it could also be that they're going commercial and no longer want to maintain their oss stack
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Re:AI OSS tool repo goes archived over night after raising $... by wtfleming on Saturday June 13, 2026 @11:16AM (#48518123)
150-200k is also just the employee’s salary, the actual cost to the company is significantly higher, you need to multiply that by something like 1.5 to get the fully loaded cost, people are expensive!
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Re:AI OSS tool repo goes archived over night after raising $... by DiggyJohnson on Saturday June 13, 2026 @11:04AM (#48518021)
20 engineers would be incredibly aggressive growth for such a young company with that amount of capital, no?
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Re:AI OSS tool repo goes archived over night after raising $... by SR2Z on Saturday June 13, 2026 @11:38AM (#48518325)
The real number is probably closer to ~13 engineers, because it costs a company the worker's salary _again_ for benefits, payroll taxes, etc., etc.
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Re:AI OSS tool repo goes archived over night after raising $... by GabrielBianconi on Saturday June 13, 2026 @12:35PM (#48518866)
Our team was much smaller. We didn't spend all the capital.
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Re:AI OSS tool repo goes archived over night after raising $... by j45 on Saturday June 13, 2026 @12:17PM (#48518675)
Tokenmaxxing makes startups even leakier if they don't find token traction.
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Re:AI OSS tool repo goes archived over night after raising $... by vips7L on Saturday June 13, 2026 @11:08AM (#48518050)
I thought ai was writing all the code. What do they need engineers for?
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Re:AI OSS tool repo goes archived over night after raising $... by whateveracct on Saturday June 13, 2026 @11:24AM (#48518193)
if you hire 20 engineers with your seed round you are either very confident you'll be able to use them to justify another raise soon

or you're incompetent

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Re:AI OSS tool repo goes archived over night after raising $... by swiftcoder on Saturday June 13, 2026 @11:37AM (#48518318)
> very confident you'll be able to use them to justify another raise soon

That is indeed how the VC funding game is played. If you don't raise another round, you are dead anyway, so you spend down your seed round to try and justify that following round...

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