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It's December. Once done chopping down the trees, it's time to take the axes over the product/staff list in prep for Q1. Kids and start-ups don't get it. Most
by pistle 13y ago
It's December. Once done chopping down the trees, it's time to take the axes over the product/staff list in prep for Q1. Kids and start-ups don't get it. Most post-startup companies, especially those in the tumult of M&A by equity better be looking good to the people calling the dance.
Beatport likely doesn't experience a mad rush in the end of year, so they have a decent idea what the revenue/EBITDA is going to look like. 6 devs in SF and some in Denver could easily make that $1M loss on $12M revenue into break even or better... and fast.