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Instagram had no revenue at acquisition. Headcount always grows disproportionally whenever you start dealing with payments. Not just directly taking them but
by threeseed 3y ago
Instagram had no revenue at acquisition.
Headcount always grows disproportionally whenever you start dealing with payments.
Not just directly taking them but all of the associated compliance and legal issues.
- iainctduncan 3y agoAh good point! I didn't think about international payments in my first WAG - you're right that that would certainly need some people. So I would up my initial guess based on that, like maybe up another 25-30%, but that would still land us at around where songtradr is going if they are laying off 50%.