3 ms·
500 of those hires sure as hell are MBAs
by qwertyuiop_ 5y ago
500 of those hires sure as hell are MBAs
- yashap 5y agoI'd think more in the range of ~10 MBA hires. Middle management definitely grew a lot, but most were not MBAs. Lots of new positions were created that didn't really need to exist. In more "lean startup mode", if you have an idea for a creative way to grow, existing employee(s) just start trying it, and if it works really well but is making those employees too busy/overworked, then you hire for it. If it doesn't work, you stop doing it. But in "pumped full of VC $$$" mode, you never test the idea out, you just hire someone new to do it, which is often a mistake. Also, on top of totally new roles, there was a lot of duplication of roles. Think multiple departments hiring email marketing teams, while before there was just a single email marketing person for the whole company, that sort of thing. Lots of things that used to be a single person, and were doing fine that way, became a team or multiple teams, each with their own manager.
- bsder 5y agoIf I'm not being cynical--sales and marketing. Building out a marketing organization is expensive in terms of manpower and money. Not everything can be bootstrapped. Enterprise sales, in particular, is expensive, slow, and annoying and needs a marketing organization dedicated to it. It's rare that you can pour money to hyper-activate the technical side of things. However, normally you can do that on the sales and marketing side.