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There are a lot of cynical comments in this thread about large headcounts being a result of mismanagement, complexity, and bloat. But there's another, more virt
by d_burfoot 4y ago
There are a lot of cynical comments in this thread about large headcounts being a result of mismanagement, complexity, and bloat. But there's another, more virtuous and reasonable, answer to this question.
Let's say you are an employee at Apple, and you come up with a very small innovation for the iPhone. Something like making it a bit easier to set a wakeup alarm. Or decreasing the download sizes so that new software updates go 20% faster. And let's say, just for argument, that this small improvement corresponds to 1 penny of value for each user.
Well, there are 1.5e9 iPhone users. So your $1e-2 contribution per user just created 1.5e7 dollars of value - enough to justify your whole TC for years.
- andelink 4y agoSorry, what is the explanation for large headcounts in your comment? Are you saying hire more people because more people results in more innovation? I’m not following.