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It's not about the "unusual tech economics", it's about the profit. Making more money than you spend is not a tech-specific concept.
by chillee 3y ago
It'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-...