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back of napkin math: 50% goes to vendors, so that's down to 380mm 4,000 employees at average of $50K, comes out to 200mm 180mm remaining...they advertise pre
by vaksel 16y ago
back of napkin math:
50% goes to vendors, so that's down to 380mm
4,000 employees at average of $50K, comes out to 200mm
180mm remaining...they advertise pretty aggressively, so let's say they spend 100mm on ads(probably less).
Which still leaves them with 80mm in profit
- iisbum 16y agoI know it's back of the napkin accounting, but lets not forget all the other operational costs? - Credit card processing on all transactions (3%?) - Office space for 4000 employees - Taxes - etc Would take another huge chunk out of that 80mm