When people visit your startup, they should be surprised how few people you have. A visitor who walks around and is impressed by the magnitude of your operation is implicitly saying "Did it really take all these people to make that crappy product?"
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in fact, every non-technical person in my family says exactly that when I make them guess how many people work at Facebook or Twitter. What do they need [ridiculous number of engineers] for?
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What exactly do you mean when you say absorb the revenue?
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It means that companies and especially startups should use their revenue to hire engineers and make the product better, rather than to pay taxes to the gov with it. If you want your business to grow, you want to have high revenue and close to zero profit because you reinvest.
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See
@amazon why take profits when can reinvest in new products and strategies that create future revenues, rinse, repeat...Thanks. Twitter will use this to make your timeline better. UndoUndo
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Freedom Dividend!
#YangGangThanks. Twitter will use this to make your timeline better. UndoUndo
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In successful Startups, the true product is the company itself, and the true customers are the Investors. So current profit fades in comparison with Perceived Future Value, which is what investors are putting down money for and raising company value for. Today, PFV trumps Profit
Thanks. Twitter will use this to make your timeline better. UndoUndo
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They need them to make the founders feel like celebrities and or gods.
@twitter in particular is massively over staffed with tech (and understaffed with moderators).Thanks. Twitter will use this to make your timeline better. UndoUndo
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It's worse than that. They need all those people because the executives can't build their little internal empires without any subjects to rule over.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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