I'm glad YC is starting to publish operational advice like this rather than having it fly by in HN discussions: http://www.themacro.com/articles/2016/01/advice-startups-running-out-of-money/ …
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I'm repeating this a lot, for a reason. Forget that payroll includes withholding tax that pierces the corporate veil if you don't remit it.
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Forget that in many jurisdictions you can legally be held personally liable. You're already liable. Payroll is a sacred trust.
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@patio11 Too often I find myself pacing back and forth in the kitchen at 4am, figuring out how I'm going to make it happen this month. -
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@patio11 my first tech employer missed payroll due to a ‘bank error’, all paid the next day. Still everyone good was out interviewing.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@patio11 what about payroll taxes? E.g you can pay people, but not the payroll tax. Prison & pay peeps, or not pay people, avoiding prison?Thanks. Twitter will use this to make your timeline better. UndoUndo
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