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Perhaps I have limited understanding of running a £40m a year business, but why does an app like Shazam need 400 employees? Even if selling data and/or adverti
by charlesdm 9y ago
Perhaps I have limited understanding of running a £40m a year business, but why does an app like Shazam need 400 employees?
Even if selling data and/or advertising, do they need (say) a 200 people sales team.. ?
- meritt 9y agoI have no idea, it's bewildering to me frankly. Take two recent IPOs for example: MongoDB had 820 employees as of July 31st. StitchFix had 5,800 employees as of July 31st [2]. [1] https://www.sec.gov/Archives/edgar/data/1441816/000104746917006014/a2233365zs-1.htm https://www.sec.gov/Archives/edgar/data/1441816/000104746917... [2] https://www.sec.gov/Archives/edgar/data/1576942/000119312517313629/d400510ds1.htm https://www.sec.gov/Archives/edgar/data/1576942/000119312517...