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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    1. Pieter Levels  ✨‏Verified account @levelsio Sep 3

      🛒 Walmart $500B revenue / 2,300,000 employees = $217,000 revenue/employee $9B profit / 2,300,000 employees = $4,278 profit/employee 👩‍💻 Google (Alphabet) $109B revenue / 75,606 employees = $1,450,281 revenue/employee $12B profit / 75,606 employees = $167,473 profit/employee

      33 replies 271 retweets 880 likes
    2. hello‏ @bobpoekert Sep 3
      Replying to @levelsio @AustenAllred

      am I misremembering or did google's profit per employee used to be a lot higher than that

      1 reply 0 retweets 1 like
      Austen Allred‏Verified account @AustenAllred Sep 3
      Replying to @bobpoekert @levelsio

      Google could probably cut 50% of its spending and still hold profits steady for a while, so that number varies a lot. WalMart could not.

      12:35 PM - 3 Sep 2018
      • 1 Retweet
      • 26 Likes
      • Anthony V. Andreas Klinger ✌️ Mike Keith Wasserman Dave Craige⚡️ Joshua Schoenaker Isaac Randall Bennett hello
      2 replies 1 retweet 26 likes
        1. New conversation
        2. hello‏ @bobpoekert Sep 3
          Replying to @AustenAllred @levelsio

          google could probably cut 50% of its spending and hold its profit steady indefinitely tbh

          1 reply 0 retweets 2 likes
        3. Simon J.K. Pedersen‏ @simped Sep 3
          Replying to @bobpoekert @AustenAllred @levelsio

          That is very unlikely, Google need to find new ways of making money, ads is not forever

          1 reply 0 retweets 2 likes
        4. hello‏ @bobpoekert Sep 3
          Replying to @simped @AustenAllred @levelsio

          if side-bets was actually about making money and not regulator misdirection and employee morale they would make like GE back in the day and become a bank

          1 reply 0 retweets 2 likes
        5. 1 more reply
        1. New conversation
        2. Steven Klaiber Noble‏ @snoble Sep 3
          Replying to @AustenAllred @bobpoekert @levelsio

          This sounds like the marginal profit produced per employee graph for Google starts extremely high then rapidly falls to zero. Where as for Walmart it's long and flat but relatively short in height. The latter seems more sustainable (if I knew nothing else about the companies)

          1 reply 0 retweets 0 likes
        3. hello‏ @bobpoekert Sep 3
          Replying to @snoble @AustenAllred @levelsio

          why would google hire infinitely many people

          1 reply 0 retweets 1 like
        4. hello‏ @bobpoekert Sep 3
          Replying to @bobpoekert @snoble and

          there's some relationship between number of employees and output for walmart but there's basically none for google

          0 replies 0 retweets 0 likes
        5. End of conversation

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