3 ms·

I feel like you’re implying something but I don’t get it.

by baby 3y ago

mvdtnz 3y ago
To spell it out for you, $200 million could pay for well over 1,000 employee-years of salaries.
- School-Cotton 3y ago
  Companies exist to make money, not to be a charity for their employees.
- soderfoo 3y ago
  I get what you are saying but you would be surprised how fast financial forecasts balloon at scale. 200 developers @ $150k a year = $30M $200M/$30M = 6.5 years
  - whiddershins 3y ago
    It’s also not $150k/year. Employees cost far more than their salary.
    - AdamN 3y ago
      Rule of thumb is double. So if you're average total comp is $150k then total cost for each of those employees is $300k/employee (office, expenses, HVAC, insurance, etc..)
  - SkyPuncher 3y ago
    I think you’re both saying the same thing. Op is saying 1 employee for 1 year is “1 employee-year”.
- baby 3y ago
  So you're saying companies shouldn't do acquisitions?
epistasis 3y ago
The implication I see is that the $200M was not worth it. I don't know their financials, but it seems quite unlikely that a single podcast would be worth that valuation.
- rapsey 3y ago
  Rogan was not making that much less on youtube. Keep in mind pre-spotify he was literally making NFL numbers for listeners+viewers per episode.
  - vharish 3y ago
    I don't think he's that popular anymore.
    - mewpmewp2 3y ago
      According to Google Trends, he was more popular in 2020 to early 2022 with some wild spike there, but it seems stabilised for now, at similar rates as in 2018.
      - notyofriend 3y ago
        Less reach with Spotify
    - andsoitis 3y ago
      The Joe Rogan Experience is at the top of Spotify’s U.S. podcast charts, and had the biggest weekly audience in the U.S. so far this year, and is widely estimated to bring in 11 million listeners per episode. His show is the top podcast worldwide on Spotify each of the last three years — nearly double the second-place podcast, true crime series Crime Junkie, which has an estimated 5.9 million listeners per episode. https://www.forbes.com/sites/brianbushard/2023/07/03/top-podcasts-2023-joe-rogan-tops-crime-junkie-and-the-daily/?sh=3db3de144ccf https://www.forbes.com/sites/brianbushard/2023/07/03/top-pod...
      - 3y ago

I feel like you’re implying something but I don’t get it.

by baby 3y ago

I feel like you’re implying something but I don’t get it.

mvdtnz 3y ago

To spell it out for you, $200 million could pay for well over 1,000 employee-years of salaries.

School-Cotton 3y ago
Companies exist to make money, not to be a charity for their employees.
soderfoo 3y ago
I get what you are saying but you would be surprised how fast financial forecasts balloon at scale. 200 developers @ $150k a year = $30M $200M/$30M = 6.5 years
- whiddershins 3y ago
  It’s also not $150k/year. Employees cost far more than their salary.
  - AdamN 3y ago
    Rule of thumb is double. So if you're average total comp is $150k then total cost for each of those employees is $300k/employee (office, expenses, HVAC, insurance, etc..)
- SkyPuncher 3y ago
  I think you’re both saying the same thing. Op is saying 1 employee for 1 year is “1 employee-year”.
baby 3y ago
So you're saying companies shouldn't do acquisitions?

epistasis 3y ago

The implication I see is that the $200M was not worth it. I don't know their financials, but it seems quite unlikely that a single podcast would be worth that valuation.

rapsey 3y ago
Rogan was not making that much less on youtube. Keep in mind pre-spotify he was literally making NFL numbers for listeners+viewers per episode.
- vharish 3y ago
  I don't think he's that popular anymore.
  - mewpmewp2 3y ago
    According to Google Trends, he was more popular in 2020 to early 2022 with some wild spike there, but it seems stabilised for now, at similar rates as in 2018.
    - notyofriend 3y ago
      Less reach with Spotify
  - andsoitis 3y ago
    The Joe Rogan Experience is at the top of Spotify’s U.S. podcast charts, and had the biggest weekly audience in the U.S. so far this year, and is widely estimated to bring in 11 million listeners per episode. His show is the top podcast worldwide on Spotify each of the last three years — nearly double the second-place podcast, true crime series Crime Junkie, which has an estimated 5.9 million listeners per episode. https://www.forbes.com/sites/brianbushard/2023/07/03/top-podcasts-2023-joe-rogan-tops-crime-junkie-and-the-daily/?sh=3db3de144ccf https://www.forbes.com/sites/brianbushard/2023/07/03/top-pod...
    - 3y ago