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I believe that you're biased by HN, since a lot of the discussion here revolve around over-valued VC-money-roided-up startups burning millions of dollar per mon
by acatton 4y ago
I believe that you're biased by HN, since a lot of the discussion here revolve around over-valued VC-money-roided-up startups burning millions of dollar per months.
If you're looking at big tech, telco, banks and finance, there are a lot of companies where headcount waste is offset by revenue. Many of which are even making profits. According to wikipedia, shopify had a net income of ~$3B for ~$5B of revenue in 2021.