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> manages to triple revenue this quarter Quarter revenue was tripled on a year-to-year basis (2011 Q4 versus 2010 Q4). > if they wanted to lower expenses they
by vladd 15y ago
> manages to triple revenue this quarter
Quarter revenue was tripled on a year-to-year basis (2011 Q4 versus 2010 Q4).
> if they wanted to lower expenses they could cut the writing staff pretty significantly
Based on the earnings call, staff expenses are actually about to increase as GRPN will start to hire more tech on its payroll (Silicon Valley software engineers).
- D-mo 15y agoGood point. Writers are paid around $37k/yr according to Gawker, whereas an engineer is at least 2x that. http://gawker.com/5806961/groupon-simply-cant-afford-to-pay-its-writers-well http://gawker.com/5806961/groupon-simply-cant-afford-to-pay-...
- bennesvig 15y agoThe writing was a draw at first, but now I never read the copy. Just scan whatever deals they have that day.