That's assuming he's taking money for a full year…
In reality, he's not paying the employees a year's salary upfront, so at this point all he really needs to have in cash is the first couple months' salary.
Imagine that he's going off 6 months, at which point he would reassess the financial situation (whether he needs to raise more money, lay off, or is now making enough profits to pay for the team.)
In reality, he's not paying the employees a year's salary upfront, so at this point all he really needs to have in cash is the first couple months' salary.
Imagine that he's going off 6 months, at which point he would reassess the financial situation (whether he needs to raise more money, lay off, or is now making enough profits to pay for the team.)
Just a thought…