/biz/ - Business & Finance

There are currently 8 high-level positions open at Chainlink:
https://careers.chain.link

In addition, Chainlink is also asking anyone who thinks they can support the project to apply.

Say they hire just those 8 people, at an average of something like 150k (this is fintech in SF).
That's 1.2MM just for one year just for those 8.
Plus about 25% overhead, making it 1.5MM for one year.

And I'm sure they're going to make sure they can pay them for more than one year, so let's say they create a 3 or 5-year buffer just for those 8; making it 4.5 to 7.5 million USD just for those new 8 hires.
(Even if you only count on 100k per hire, that's 3 to 5 million USD)

And then there's the team and staff already in place.
And then there's the downtown SF rent, licencing, legal, consultancy, designers, marketing, partnership fostering, events, ...
Not to mention the fucking gas, electric, water bills lmao.

A dozen or so million is absolute chump change at this level of fintech.