3 ms·
Were they hiring a big sales force like a typical pharma company or were they less directly relevant jobs? That's interesting how that played out - I guess they
by vikramkr 6y ago
Were they hiring a big sales force like a typical pharma company or were they less directly relevant jobs? That's interesting how that played out - I guess they were a bit overconfident in their market predictions
- sithadmin 6y agoOverconfident is an understatement :p A large sales force was hired (probably far too large of one, and definitely larger than institutional investors cared for), but there was also massive growth and spending in departments that were not strongly contributing to go-to-market activities (e.g. massive laboratory expansions oriented towards development of future products, massive growth in many back-of-house business ops teams, and some jaw-droppingly frivolous investments in facilities that I don't feel comfortable disclosing in public).