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What did ThoughtWorks do with their profits before they were bought? If it was privately owned, does that mean the profits were dividended to the founder? Or
by brepl 9y ago
What did ThoughtWorks do with their profits before they were bought? If it was privately owned, does that mean the profits were dividended to the founder? Or were they all re-invested in the company to fund expansion?
- alphatwos 9y agoIt was all reinvested and channeled to the social justice projects.
- charlesdm 9y agoProbably a combination of both.
- vijayagrawal18 9y agoEither ways, profit would be become a factor in total valuation.
- paul_h 9y agoEx* Employee #500 here. All reinvested. * https://paulhammant.com/2015/01/06/farewell-2014-farewell-thoughtworks/ https://paulhammant.com/2015/01/06/farewell-2014-farewell-th...
- moeymo1 9y agoTW employee ~200 here (now ex). The vast majority of the profit was invested in expansion. You can't grow from the low hundreds of employees in year 2000 to almost 5,000 in 2017 without many tens of millions of dollars reinvested in expansion.