Re:Zenefits cuts nearly 50% of workforce
by pault on Thursday February 09, 2017 @03:03PM
(#13610387)
Maybe he was implying that it should be reinvested in growth?
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Re:Zenefits cuts nearly 50% of workforce
by staticautomatic on Thursday February 09, 2017 @03:42PM
(#13610757)
He claimed that costs would outstrip our margins as we grew. I have to assume he just thinks this is how startups work, because most of the costs he specifically brought up don't actually exist in our market/business model. In any event, if you have an instinctively negative and suspicious reaction to profitability, then as a business person, I want nothing to do with you.
Re:Zenefits cuts nearly 50% of workforce
by rhizome on Thursday February 09, 2017 @05:44PM
(#13611734)
"Nobody ever lost a funding round for using Heroku."
Re:Zenefits cuts nearly 50% of workforce
by staticautomatic on Thursday February 09, 2017 @06:44PM
(#13612099)
I don't follow. Could you explain what you meant?
Re:Zenefits cuts nearly 50% of workforce
by rhizome on Thursday February 09, 2017 @10:56PM
(#13613093)
It's a play on "nobody ever got fired for buying IBM," the original FUD. It relates to that person seemingly thinking that a high run rate is de rigeur. Like IBM in the 60-70s, Heroku is among the costliest providers.