3 ms·
I think the idea of comparing to the tech bubble is that it has skewed our perceptions of how much a company should make per employee, and how fast it should gr
by namdnay 8y ago
I think the idea of comparing to the tech bubble is that it has skewed our perceptions of how much a company should make per employee, and how fast it should grow. Indeed many bubble companies are making little or no profits, but they don't have 3700 employees to pay every month + printing presses, buildings etc. The ROI is very different
- JumpCrisscross 8y ago> The ROI is very different If you’re making “little or no profits” you have no ROI.
- namdnay 8y agoThe idea being that you plan to make massive profits down the line. No VC is expecting their startups to cruise comfortably at 3700 employees and 80M yearly profit