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?
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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.