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In the business world, people typically cite profit/employee or revenue/employee. It's only in SV that people cite valuation/employee..
by hendzen 9y ago
In the business world, people typically cite profit/employee or revenue/employee. It's only in SV that people cite valuation/employee..
- mikeyouse 9y agoThey're on a run rate of ~$14 billion in 2017 revenue based on their Q1 numbers, so call it $1.2 million per employee in revenue.
- vkou 9y agoI can have a run rate of infinity dollars, if my business model consists of selling $20 bills for $19. What's their revenue minus costs of revenue?
- noway421 9y agois that any different from profit?
- vkou 9y agoIt is. If they made 20 billion dollars, and then spent 21 billion dollars, and 2 billion of the latter was a big pile of money that they set on fire, it shouldn't count as a cost of revenue. If, on the other hand, the spent all 21 billion dollars on paying drivers, driver promotions, marketing, flash sales, and coupons... It most certainly should.