<story><title>Anil Dash Is the New CEO of Fog Creek Software</title><url>https://www.joelonsoftware.com/2016/12/06/anil-dash-is-the-new-ceo-of-fog-creek-software/</url></story><parent_chain><item><author>chollida1</author><text>Wow Stack Overflow has 300 employees!!&lt;p&gt;So at a typical benchmark of $500,000 of revenue per employee they should be making atleast $150,000,000 per year in revenue.  I have to imagine that they are making much more than that, given that I&amp;#x27;ve seen valuations of $500 million.&lt;p&gt;&lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;www.businessinsider.com&amp;#x2F;revenue-per-employee-at-apple-facebook-google-others-2016-2&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;www.businessinsider.com&amp;#x2F;revenue-per-employee-at-apple...&lt;/a&gt;&lt;p&gt;I&amp;#x27;m going to give them the benefit of the doubt and assume that they are still very lean and well run, I&amp;#x27;m a big fan, but the fact that they do data dumps makes me feel much better.&lt;p&gt;I&amp;#x27;ve seen too many bankruptcy&amp;#x2F;wind downs of companies, and one thing you can usually bet on is that once that process starts, the data gets locked up and treated the same as any other asset, which is to say, sold to pay debts.  Or put another way, once a company gets into trouble, releasing their data often gets taken off the table as an option.&lt;p&gt;Again as a reminder to startup employee&amp;#x27;s, the company was founded in 2008 and hasn&amp;#x27;t really had any talk about going  public or selling, so always make sure you get atleast a market salary from any startup you join as your options even at a well run company could take more than a decade to provide you with liquidity.&lt;p&gt;&lt;i&gt;&lt;/i&gt;EDIT&lt;i&gt;&lt;/i&gt; I can&amp;#x27;t math</text></item></parent_chain><comment><author>josho</author><text>&amp;gt; founded in 2008 and hasn&amp;#x27;t really had any talk about going public or selling, so always make sure you get atleast a market salary from any startup you join as your options even at a well run company could take more than a decade to provide you with liquidity.&lt;p&gt;Best advice that I&amp;#x27;ve read here in awhile.</text></comment>
<story><title>Anil Dash Is the New CEO of Fog Creek Software</title><url>https://www.joelonsoftware.com/2016/12/06/anil-dash-is-the-new-ceo-of-fog-creek-software/</url></story><parent_chain><item><author>chollida1</author><text>Wow Stack Overflow has 300 employees!!&lt;p&gt;So at a typical benchmark of $500,000 of revenue per employee they should be making atleast $150,000,000 per year in revenue.  I have to imagine that they are making much more than that, given that I&amp;#x27;ve seen valuations of $500 million.&lt;p&gt;&lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;www.businessinsider.com&amp;#x2F;revenue-per-employee-at-apple-facebook-google-others-2016-2&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;www.businessinsider.com&amp;#x2F;revenue-per-employee-at-apple...&lt;/a&gt;&lt;p&gt;I&amp;#x27;m going to give them the benefit of the doubt and assume that they are still very lean and well run, I&amp;#x27;m a big fan, but the fact that they do data dumps makes me feel much better.&lt;p&gt;I&amp;#x27;ve seen too many bankruptcy&amp;#x2F;wind downs of companies, and one thing you can usually bet on is that once that process starts, the data gets locked up and treated the same as any other asset, which is to say, sold to pay debts.  Or put another way, once a company gets into trouble, releasing their data often gets taken off the table as an option.&lt;p&gt;Again as a reminder to startup employee&amp;#x27;s, the company was founded in 2008 and hasn&amp;#x27;t really had any talk about going  public or selling, so always make sure you get atleast a market salary from any startup you join as your options even at a well run company could take more than a decade to provide you with liquidity.&lt;p&gt;&lt;i&gt;&lt;/i&gt;EDIT&lt;i&gt;&lt;/i&gt; I can&amp;#x27;t math</text></item></parent_chain><comment><author>rm999</author><text>&amp;gt;Wow Stack Overflow has 300 employees!! So at a typical benchmark of $500,000 of revenue per employee they should be making atleast $15,000,000 per year in revenue.&lt;p&gt;Isn&amp;#x27;t that 150 million a year in revenue? If so, 500M is about right assuming a 3x revenue valuation.</text></comment>