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That's $10 million per employee (at a $20B valuation). That's not a lot of when you consider they're building a product that will book billions of dollars in ad
by applecore 10y ago
That's $10 million per employee (at a $20B valuation). That's not a lot of when you consider they're building a product that will book billions of dollars in advertising revenue.
- ar0 10y ago$400 million USD total revenue in 2016 (from the article) is not exactly "billions of dollars". But, in general, yes, I think the sales force required to engage advertisers should not be discounted when the first thing going through the head is "but it's just an app!".
- mikeyouse 10y agoNot sure why you're getting downvoted.. they'll clearly have billions of dollars in revenue within the next 3ish years.
- deleted 10y ago[deleted]