Bending Spoons · Prof G Markets · This EU Firm Made Billions Buying Up Forgotten Tech
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Cut headcount by about 75% two months after acquisition; overall headcount reductions account for roughly 50% of value creation
75% staff cut; 50% of value creation from cost efficiencies; ~30-35% from org optimisation
“I used to really check before I went and did a speech at some company, how fast the company was growing. I would ask like kind of about revenue growth and about headcount growth”
“The template ... allowed them to go in and say, this is an expense that varies by month, it varies by headcount ... and gave them a way to manually adjust it”
“I still approve every headcount and every marketing dollar personally, even in our scale of 5 billion plus ARR.”
“I tracked utilization as revenue per headcount… I didn’t have people tracking hour by hour.”
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