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If you are 5 to 10 years away from profitability. Amazon incorporated in 94 didn't show its first profit until 2002, 8 years later. If you pay your sysadmin an
by stonemetal 16y ago
If you are 5 to 10 years away from profitability. Amazon incorporated in 94 didn't show its first profit until 2002, 8 years later. If you pay your sysadmin an average of 100K that is almost a million just for the one sysadmin(Some how I doubt amazon had just one sysadmin in 02). Sure they weren't purely a web business, what with the need to warehouse and ship all of that stuff, but as they say it takes a long time to be an overnight success.
- mmt 16y agoIt's probably also important to note that Amazon was a pioneer and that it's 16 years later, so perhaps their model isn't as relevant today. More importantly, I'm confident they showed their first revenue well before '02, so it wasn't just VC money paying for sysadmins (and other employees) the whole 8 years.