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this post was submitted on 14 Mar 2024
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Revenue per head is no doubt a sexy metric, especially for private companies. If it was a public company then investors would call for the company to try and grow its overall profits by spending more on growth related initiatives... Perhaps by releasing half-life 3 for example, lol.
The great thing about keeping your company private is that you can get it just where you like and keep it there no matter what outside parties want. I could totally see Gaben is perfectly satisfied making bank at this level while also having a chill lifestyle.
If the company were public the shareholders would say “great, now give the employees less and give us the difference”
Why is money per employer a better metric than customer satisfaction?
Should an owner be more proud of their yatch size or of being a role model for customers not other millionaires? What's their passion really, money or what they do for a living?
We clearly know where valve wants to be. I'm just surprised it's a company that stands out.
Fuck shareholders.
It's not a better metric. It's a metric among others.
They said it's a sexy metric, as in big numbers are cool. They never said it's a particularly useful or "better" metric.
The article is talking about net income per head, not revenue.