Financial Models for Underachievers: Two Years of the Real Numbers of a Startup
From 2007. Redfin actual data vs Redfin model.
- Rent, Per Employee, Per Month;
- Initial Per-Employee Equipment Cost;
- Monthly Benefits, Per-Employee;
- Annual Payroll Tax;
- Quarterly Bonus Payout, as a % of the Total Possible;
- Annual Payroll Increase for Existing Employees;
- Percentage of Candidates for Which Redfin Paid a Recruiting Fee;
- For Employees Recruited for a Fee, the Recruiting Fee as Percentage of Annual Salary;
- Incremental Amount Paid to Contractors, as Percentage of Payroll;
- Monthly Travel Costs, Per Field Employee;
- Monthly Telephone Costs per Field Employee;
- Monthly Legal Costs; Annual Accounting Costs;
- All-Company Meeting Cost, Per-Meeting, Per-Employee