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No offense, but these startups by nature have NO IDEA if their employees-over-subs strategy will work. There's one quote in the article from a VC who says the
by josefresco 11y ago
No offense, but these startups by nature have NO IDEA if their employees-over-subs strategy will work. There's one quote in the article from a VC who says the following:
"When you look at the level of churn amongst the employee base and the customers, the high reviews from workers, the high customer-satisfaction rating — they were proving it from hard-core business metrics.”"
No mention of revenue of course, just user-survey style measurement. Also, a quote from a VC who invests money into the subject of the article is not exactly unbiased.
What about data from long established businesses, who have moved from subs to part-time and full-time employees?
"Full stack startup" reads more like a marketing strategy then one created for long term financial success.