@owen@mastodon.transneptune.net
Post #2648712
2026-05-11 23:33 UTC
The company brought in $260m in gross revenue in Q4 of FY26 (about two quarters ago). One might assume that their revenue has not cratered since then, even if it may have fallen. We'll see when they file their next statements.
Replies (1)
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@owen@mastodon.transneptune.net 2026-05-11 23:36
Revenue per team is a terrible metric, but it's kinda wild to think that this 60-team projection means that most teams will have less than $4m in attributable revenue even if this plan works. It won't actually have that shape - a read through the financials can tell you pretty accurately which teams are going to be insulated from further RIFs and which aren't - but still. We're talking about small numbers by Valley standards.