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The minimum valuation is 150M, and as for the number of employees hired, I would venture to say that they are trying to use it for PR purpose. Employees are a b
by quaquaqua1 7y ago
The minimum valuation is 150M, and as for the number of employees hired, I would venture to say that they are trying to use it for PR purpose. Employees are a big cost center for a business (a few thousand can cost 100M a year or more) so it sounds like they really want to highlight all the favors they are doing for the world by employing so many people.
- killjoywashere 7y ago> really want to highlight all the favors they are doing for the world by employing so many people Um, well, yes, in a democracy, jobs created is the most interesting metric for politicians, particularly if those jobs are in their district. Those are their constituents. Do you want policies that are friendly toward tech companies and tech workers alike? Because connecting the jobs with the companies is how you do that.
- yowlingcat 7y agoI still think there are subtle issues with the semantics. Does "jobs created" necessarily imply "careers started" or is the case something else? Where are the boundaries? How much of its personnel contributions are part-time workers or independent contractors? Nonetheless, I think you have a great point here. There's a subtle positioning difference between "employees" and "jobs created" -- the latter most directly connects a company's economic impact/participation with its contribution to the domestic labor market.