4 ms·
Headcount perversely increases the valuation sometimes. Hence, big head positions.
by recuter 5y ago
Headcount perversely increases the valuation sometimes. Hence, big head positions.
- saila 5y agoI've been wondering why a seemingly stable startup would go on a massive hiring spree leading to all kinds of chaos rather than take a more measured approach and have started to suspect that this is the reason right here.
- rongenre 5y agoHeadcount absolutely does. In the 90's there was a joke that they'd take the engineering headcount and multiply it by 10M (or something), subtract a multiple of management and there's your valuation.
- mwcampbell 5y agoThis seems so backward to me. Since technology is all about achieving more with less work, shouldn't headcount always count against the valuation?