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These companies just have too many employees. Snap can satisfy the same niche with a quarter of the employees imo.
by endisneigh 4y ago
These companies just have too many employees. Snap can satisfy the same niche with a quarter of the employees imo.
- fullshark 4y agoThat would involve admitting you're a niche company/service and not headed for global dominance. Can't do that.
- seibelj 4y agoYes they can - once the market stops believing them, private equity takes them private, cuts costs massively and streamlines, then gets re-acquired or goes public again much improved - minus the founder.
- mandeepj 4y ago> not headed for global dominance I guess global dominance is shown more by metrics like MAU/Revenue per user and so on
- rybosworld 4y agoIt is interesting how some companies have a valuation based almost entirely on this illusion. I'm sure there's a Silicon Valley episode that covers this.
- summerlight 4y agoThis assumes a perfectly functional management. Unfortunately, management is a notoriously hard problem for scale-out. For 10x headcount, 20% productivity loss per employee is perhaps the best we can hope for. Unfortunately, it's usually 30~40% for a successful company and Snap is perhaps not an exception.