4 ms·
> These 44 companies, the study says, are collectively valued at $168 billion and create an average of roughly 760 jobs per company in the U.S. $168B divided b
by frandroid 11y ago
> These 44 companies, the study says, are collectively valued at $168 billion and create an average of roughly 760 jobs per company in the U.S.
$168B divided by 760 employees:
$220M of value created per job.
If there's no error in the numbers, that means that employees at these startups are tremendously underpaid, in spite of probably making above-market salaries.
- gjkood 11y agoIsn't the number 760 employees PER company? That would make the total as 760*44=33,440 employees.
- pavpanchekha 11y agoNot quite; 760 employees per company, but 168B overall. That makes for $5M of value per job. $5M is approaching the compensation of most of the average employee here.