Greg Isenberg is a multi-exit Silicon Valley entrepreneur and owner of Late Checkout product studio. He has:
- Headed Product Strategy at WeWork
- Been an advisor to Reddit
- Founded a startup, Islands, which was sold to WeWork
- Founded 5by, which was sold to StumbleUpon
Guest Author: Greg Isenberg
The amount of employees you have isn’t impressive anymore.
Revenue per employee is.
Call me crazy but that’s my POV. I just met a VC-backed founder who told me his 2021 startup just hit 300 US employees.
Giant smile on his face waiting for me to be in awe. But this doesn’t feel like a huge win to me (although happy for him).
I’m more impressed with smaller teams. Way more interesting. Especially ones that leverage automation, AI and social content. Instead of generating $100,000 per employee, you generate $1M per employee.
Wow. Tell me how. That’s really interesting.
Oh, you’re customer care team is 99% powered by AI? Wow. Tell me how. That’s really interesting.
Oh, your marketing team is 1 person who manages a few agencies? Wow. Tell me how.
That’s really interesting.
The number of employees used to be a badge of honor.
But in 2024… I don’t think it is anymore.
Check out the original tweet here.
