>>Even their "more info" link (https://www.visualstudio.com/support/legal/mt171547) doesn't make it perfectly clear but it sounds more like your interpretation:
>>
>(1) >Individual license. If you are an individual working on your own applications to sell or for any other purpose, you may use the software to develop and test those applications.
>(2) >Organization licenses. If you are an organization, your users may use the software as follows:
>(3) >Any number of your users may use the software to develop and test your applications released under Open Source Initiative (OSI) approved open source software licenses.
>(4) >Any number of your users may use the software to develop and test Xamarin Studio or Visual Studio extensions and Xamarin Component Store or Visual Studio Marketplace components.
>(5)>Any number of your users may use the software to develop and test your applications as part of online or in person classroom training and education, or for performing academic research.
>(6)>If none of the above apply, and you are also not an enterprise (defined below), then up to 5 of your individual users can use the software concurrently to develop and test your applications.
>(7)) >If you are an enterprise, your employees and contractors may not use the software to develop or test your applications, except for open source and education purposes as permitted above. An "enterprise" is any organization and its affiliates who collectively have either (a) more than 250 computers or users or (b) more than one million US dollars (or the equivalent in other currencies) in annual revenues, and "affiliates" means those entities that control (via majority ownership), are controlled by, or are under common control with an organization.
>>Demo use. The uses permitted above include use of the software in demonstrating your applications.
>
>
>I've numbered the lines above - you are (6)
>
>- (1) You're not an individual
>- (2) You are an Organization
>- (3) Organization -everyone - for Open source
>- (4) Organization - everyone - for Xamarin Studio, Visual Studio extensions ,Component Store, Visual Studio Marketplace components
>- (5) Organization - everyone - for classroom training and education, performing academic research
>
>- (6)
>If none of (3), (4), (5), ie not for Open source, Xamarin Studio, ....
>and if you are not an enterprise organization
>
>then max 5 people can use it to develop applications

The first person I spoke to in Microsoft (my friend) initially said that it can't be used for any commercial development, but he said that this was not his area. He then spoke to one of his colleagues who said that even though I have a company, I would be treated as an individual in this case since I am my company's only employee and that it can be used for commercial apps. Either way, I think I am safe to use it.

Confusion even amongst those "in the know".