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That doesn’t seem huge? 50M for 130 is a bit less than 400k revenue per employee. Of that revenue you’re already spending at least 100-200k on the employee them
by namdnay 5y ago
That doesn’t seem huge? 50M for 130 is a bit less than 400k revenue per employee. Of that revenue you’re already spending at least 100-200k on the employee themselves
- pc86 5y agoFor some of the devs, sure, but no way is their average payroll per employee $200k. How many analysts and support staff work there? I'm sure there are people at Expensify making $30-50k/yr.
- ttymck 5y agoThe current number is $88M. For comparison: Gitlab did $150M on 1,400 employees.
- missedthecue 5y agoAnd sure enough, GitLab doesn't even make an operating profit.