4 ms·
120M in annual revenue for 100 employees is not that high. That's only about 1.2M in revenue per employee. Netflix's main business makes 2.4M per employee (31.
by chillee 3y ago
120M in annual revenue for 100 employees is not that high. That's only about 1.2M in revenue per employee.
Netflix's main business makes 2.4M per employee (31.6 billion for 12k employees), and given the nature of such businesses, is almost certainly much more profitable per employee.
- hef19898 3y agoThanks for making OPs point is just so many words.
- chillee 3y agoIt's not about the "unusual tech economics", it's about the profit. Making more money than you spend is not a tech-specific concept.
- hef19898 3y agoSeeing 1.2m revenue per employee as a something you might loose money on as "tech", or rather VC backed SV bubble, specific as it gets. Even more hilarious when people utterly fail to see that. If people weren't serious, it would be peak meta irony.
- hnbad 3y agoYou're not thinking of "tech", you're thinking of late stage capitalism. "Tech" is just one of the clearest manifestations of that because the revenue per employee is less tightly bounded than in manufacturing or direct services, especially now that rent-seeking has replaced selling.
- alephnerd 3y agoRevenue per Employee alone is bullshit. To calculate operating costs it's best to look at Net Income per Employee, which is $378k [0] Out of that $2.1m, only $378k is left after expenditures, payroll, R&D, etc. [0] - https://www.macroaxis.com/financial-statements/NFLX/Revenue-Per-Employee https://www.macroaxis.com/financial-statements/NFLX/Revenue-...