/biz/ - Business & Finance

What are some examples of successful startups that overhired before even having working products? I can only think of all the failures

>business school 101

>>56222991
I remember when 2 man team was fud now 530 employees is fud, kek.

>>56222991
time for layoffs
guess who will be first to go?
thats right, HR roasties, recruiters, and (((community advocates)))

>>56223033
This. Kek and checked. Their desperation is eye watering eh?

>>56223033
at the time 2 men working in the backroom of a nail salon seemed fishy as hell; 530 working in the back of a nail salon seems bizarrely demented.

>>56222991

>>56223095
Posts like these prove this board is just neets gambling their food allowance on shitcoins, you never had any real world experience. The company went from 2 fulltimers in 2017 to 800+ fulltimers in 2022. And that's not just regular wagies, they had to fill many senior positions and highly qualified dev/finance/compliance jobs, you need a complete HR team for that workload. Hiring processes at that level are quite detailed and not as straight forward as a McDonald's application process. Even after you've chosen a candidate from sometimes hundreds of applicants, you actually have to negotiate a bunch of factors. NDA's, salary, equity options, a billion other things. Then you have 800 people working for you, they get fucking sick, change their vacation plans, have kids, have complaints, want promotions, need training in data security and compliance, have to sign NDA's for new shit, you have to check on them in general, it's not a meme job like it seems in those fake TikToks.
I haven't even mentioned it's an international organization so you have to consider different labor legislation, time zones, international bank transfers for pay, different tax shit, etc etc. Good HR people are incredibly in demand and can either create or solve a lot of problems in a company.

Doesnt matter. They got 450m tokens left to dump on suckers so they can hire circus clowns if they want to. When all the tokens are finally dumped they can simply do an IPO and finally open up the company to real investors.

>>56223119
>the desperation is eye watering
>proceeds to post a literal blogpost defending HR roasties and womin in tech
the absolute state of bagholders

>>56222991
Sergey can just dump a few million coins to cover the operation costs, nbd

>>56223119
fyi, this is what true desperation looks like

>>56223172
>>56223152

The chart

>>56223188

>>56223033
Really on the latter has been common fud and it is valid. I've never liked the dumb expansion with hr cunts flicking the danglebean for $200k a year.

>>56223152
mommy's basement baby hates all women. that's cute

Chainlink is a russian jewish scam, take out your money from it before the useless token comes back down to 0.0001$ per unity...

>>56223119
>so BTFO by my image he writes a literal essay about it

>>56223242
nice projection edgelord
apparently even Chainlink "hated" that women in tech segment because they literally took it down
lmao

>>56223095
you just know they jump on BBC's every saturday night thanks to Sergey's paypigs money

>>56223272
>nice projection edgelord
>apparently even Chainlink "hated" that women in tech segment because they literally took it down
>lmao

>>56223119
>never had any real world experience

I run my own company

What are some examples of successful companies that hired 500+ fulltimers before having revenue and working products?

>>56223461
>I run my own company
selling lemonade by the road doesn't count as running a company lmao

>>56223285

the chart

How do you know their revenues? They’re a private company and don’t disclose their financial statements. Or are you confusing node revenue for ccip with internal company revenue because you’re either retarded or intentionally disingenuous

>>56223119
Well written post

>>56223486

>>56223077
lol

>>56223772
> truth over trust

What are your financials

>thats classified

>>56223486
Even if I did run a lemonade stand, Id have more revenue than CL

>>56223008
The rivian electric car company is the only one I can think of. They only started over hiring once they got a large order and investment from Amazon though.

>>56223008
chainlink is very successful, their token sales business is flourishing. just look at the recent infographic, the "universal gas station" one. it's sure to make many retail investors buy more tokens, they got this down to an art

>>56223891
twitterino alert

>>56222991
Is CLL supposed to profit off of the Chainlink network? If you can't answer this question I kindly ask you to stop posting and lurk moar.

>>56223461
Chainlink springs to mind

>>56222991
>CL

back you go

>>56222991
chainlink is a scam retard

>>56223119
I've worked at large companies. All the HR ladies do is tell you to fill out canned forms prepared by legal.

Maybe Sirgay is just going to keep hiring women until he finally finds one that isn't immediately repulsed by him. 200 and counting, keep your chins up Sergay!