What's a Net/60 basis? I am having trouble understanding how often you were paid... | Hacker News

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		abstractcontrol on Aug 20, 2024 \| parent \| context \| favorite \| on: Lessons learned from losing tens of thousands of d... What's a Net/60 basis? I am having trouble understanding how often you were paid. Every month or so? Edit: Nwm, I saw you worked for 90 days without pay. Ack.

valhalladev on Aug 20, 2024 [–]

Net/30 is 30 days after the contract is signed in this case, Net/60 is 60 days. Sometimes instead of "after the contract is signed" it is "after work is delivered" but my case was the former.

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