3 ms·
I was tech and product leader of a company that just IPOed. When I joined the site was so slow and key features were not functional. The site was built by co
by adrr 5y ago
I was tech and product leader of a company that just IPOed. When I joined the site was so slow and key features were not functional. The site was built by contractors and had a conversion rate of 2.8%. With of a team of 15, we rebuilt the frontend and reduced page rendering time to under 1 second with a SPA and page optimizations. Conversion rate skyrocketed to 7% accelerating annual revenue from $50m to $400m over a few years. The value each engineer contributed was hundreds of millions in value to the company.
I also did the same with another company that had a failing subscription platform built by cheap foreign contractors. Built a talented team and a real platform and that company also successfully exited for 10 figures. You get what you pay for.