News for hackers. Stuff that matters.
Re:Why We Said “No” to a $40M Round by nunez on Wednesday August 09, 2017 @07:10PM (#14974627)
Here's something I've always been confused about. How does employee headcount get factored into an acquisition or public offering? Why is having so many more employees than needed a "good thing" in these situations?
Re:Why We Said “No” to a $40M Round by moxious on Wednesday August 09, 2017 @07:32PM (#14974769)
The poster is a bit making fun of this mindset; more employees isn't obviously better. But the "growth at all costs" mindset is real, and in that worldview rapid growth is a sign of success because you're building capacity to capture the market.

In reality the plan is everything because without a great plan more people means just more burn, and hitting the wall sooner.

Re:Why We Said “No” to a $40M Round by murbard2 on Wednesday August 09, 2017 @07:28PM (#14974741)
Hiring people is expensive, a large team of people used to working together is a valuable asset in and of itself.