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I don't think you work in large enough company. Everyone always does this type of napkin math, and then hand waves away a lot of the details. I mean, why does
by taude 3y ago
I don't think you work in large enough company. Everyone always does this type of napkin math, and then hand waves away a lot of the details. I mean, why does Meta need 70K employees to run three apps?
I'm sure the VCs first playbook was to start cracking down on expenses, since it's typically easier to get results from than improving revenue....
- aprdm 3y agoMeta is very different than Reddit on complexity, scale and also that it is profitable
- Dylan16807 3y agoMeta is one of the clearest examples of a company that is spending most of their budget outside their main product, so I'm not sure what you're trying to show. You saw their VR division, right?
- taude 3y agoThey aren't spending most their budget on VR. What do you think the budget is for the rest of the company? Far as I can tell with a 10 second glance at their financials: 60B year operating expense vs 10B year in their VR spending?
- Dylan16807 3y agoGood thing I didn't say that. VR is just one of the places the money is going.