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Why do they have so many employees? Seems excessive and totally unnecessary.
by chmln 9y ago
Why do they have so many employees? Seems excessive and totally unnecessary.
- trowawee 9y agoCan't be a Real Silicon Valley Start-Up™ if you aren't wildly over-capitalized and constantly adding unnecessary headcount.
- TylerE 9y agoMore importantly, why is a company that's not doing anything super cutting edge in SF? That's like a textbook case of a company that should be somewhere boring and CHEAP.
- fnbr 9y agoExactly. It's also not clear why it's taken VC- seems like it should be bootstrapped somewhere in the Midwest.
- sdrinf 9y agoA bootstrapped company somewhere in the Midwest takes about 3-5 years of bootstrapping to be heard about on the east coast. A capitalized startup can hit the PR drum immediately. As put earler at https://news.ycombinator.com/item?id=15658756 https://news.ycombinator.com/item?id=15658756 > In consumer (markets), even a great product will often get blown out of the water if a competitor with a worse but good enough product has a deep, deep marketing war chest. If you space has a VC backed competitor, you have no choice but to also raise money and fight a war of attrition