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The New Status Game for Companies: Fewer Employees
“If you start stripping out everything that is not unique to your company, you’re left with just a few people who make the unique parts of the company. And then add a few people who need to explain its unique benefits to the market. Imagine your 100 person company going to 6 people. Imagine your 1000 person company going to 20. How much faster coul... See more
Auren Hoffman • The New Status Game for Companies: Fewer Employees
But this is changing: there is a new status game brewing between companies concerning who has the fewest number of employees, centered around who is engineering greater amounts output with less staff.
Auren Hoffman • The New Status Game for Companies: Fewer Employees
Because revenues of private companies tend to be secret, most venture-backed companies have historically bragged about how many employees they have. A CEO will say: “we went from 100 to 200 employees last year” as if fast employee growth is always a good thing.