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Sure, their primary problem was extravagant hiring, but I think this is still an important warning for developers working in fledgling companies that are approp
by mwcampbell 5y ago
Sure, their primary problem was extravagant hiring, but I think this is still an important warning for developers working in fledgling companies that are appropriately cautious on the hiring side.
- mcphage 5y ago> Sure, their primary problem was extravagant hiring I think their primary problem was a huge valuation—with correspondingly huge expectations—but no real revenue. If you're pulling in $600K revenue, but valued at $500M... you're gonna have a bad time.