News for hackers. Stuff that matters.

A comment on What really happened at LivingSocial?. Parent comment

Re:What really happened at LivingSocial? by thetrb on Thursday February 21, 2013 @01:53PM (#5259279)
If they keep ~50% of the coupon price wouldn't that just mean $250mm then? Still a big number.
[ Parent | on HN ]
Re:What really happened at LivingSocial? by endtime on Thursday February 21, 2013 @02:12PM (#5259426)
They have 4000 employees. If they cost (salary + benefits + taxes + etc.) $100k a year each, on average, then that'd be $400m.
[ Parent | on HN ]