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You guys are taking this comment to litterally. Sales, marketing, accounting, legal, and financial controllership are going to skyrocket when this company has
by 001sky 13y ago
You guys are taking this comment to litterally.
Sales, marketing, accounting, legal, and financial controllership are going to skyrocket when this company has a revenue stream that is worth NPV=$19B.
This is a credit to the company; who like instagram was able to build much value with few FTE's. But building a company "worth money" and building a company "making money" are really different things.
This is smart from a founder's perspective, because in a sense all of those other employees would just be dilutive of attention and likely equity. But from an economic perspective, it's jumping the gun a bit to conclude what the steady state economics will be.