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Re:Snap Inc. S-1 by fastball on Thursday February 02, 2017 @07:20PM (#13556427)
I think their losses can be at least partly explained by their somewhat inexplicable number of employees, which happen to number 1859 at the end of 2016.

Don't understand why a company with a mobile app as their sole product need that many employees. I was expecting that number to be more like 100.

Re:Snap Inc. S-1 by jcdavis on Thursday February 02, 2017 @08:00PM (#13556700)
I'm always a little surprised about how naive HNers are about corporate sales (and BD). We can bikeshed all day how many engineers they "really" need, but for $400m in annual revenue (plus that growth) they probably need a 400 person sales org minimum.