4 ms·
The novel isn't for employees, it's for investors
by brap 4y ago
The novel isn't for employees, it's for investors
- avrionov 4y agoCorrect. The stock is up 5% this morning.
- yurishimo 4y agoStock always goes up after layoffs. Hell, the stock goes up after _rumors_ about layoffs.
- DeathArrow 4y agoSo, if you approach 0 employees asymptotically, the stock will approach ∞.
- mywittyname 4y agoI sincerely hope this new thesis you've unleashed on the world is called the DeathArrow in business schools across the world.
- Iwan-Zotow 4y agogive man a Nobel
- otikik 4y agoLet me guess. You work in crypto.
- sirsinsalot 4y agoLimitless growth
- brwck 4y agoWhy stop a 0? If we can have negative interest rates, why not negative employment? Make employees pay you to work for them.
- ghaff 4y agoI'm pretty sure that's a thing with certain types of internships.
- satvikpendem 4y agoRevenue (or profit) per employee is always the metric to use, where employee >= 1, since there is no use making 0.01 cents if there are 0 employees. WhatsApp famously had ~50 employees for ~$16 billion in acquisition price.
- blsapologist42 4y agoWhat was their revenue though?
- satvikpendem 4y agoWho knows / cares? Their product is the stock itself that was then sold to the acquirer. The show Silicon Valley has a great parody of this fact: https://www.youtube.com/watch?v=YZFTaEenaHM https://www.youtube.com/watch?v=YZFTaEenaHM
- testfoobar 4y agoAnd the press. You can assume that internal emails like this are leaked.
- Jagerbizzle 4y agoIt's publicly posted on fb.com
- capableweb 4y agoAfter sharing it internally. Probably posted on fb.com as they know it would just leak otherwise, and the memo is written with the mindset of it being public regardless.