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Revenue per employee is a very poor measure of productivity; it would imply that many people working at startups are completely unproductive (which rings false
by nickff 4y ago
Revenue per employee is a very poor measure of productivity; it would imply that many people working at startups are completely unproductive (which rings false to me).
- woodruffw 4y agoThere is a very literal sense in which working at a early startup is less productive: you're trading current productive capacity for potential future productive capacity. The economics bear this out: early startups pay less, and offer equity to compensate. That's a long way of saying that we shouldn't confuse economic productivity with effort.