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November 09 2009
“ Craig Newmark's Craig's List is estimated to have about $100,000,000 in revenue — with 30 employees. That's $3.3 million per employee, and even if it costs $70,000,000 to run it (which it can't), that's a profit-per-employee of $1,000,000. (Compare that with Amazon's profit-per-employee of approximately $30,000.) His model is so disruptive because he gives away all the ads except those for jobs, thereby turning what was once newspaper profits into what economists know as consumer surplus. ”— Getting Started with Disruptive Business Design - John Sviokla - HarvardBusiness.org
Reposted by
exitorange
November 03 2009
“ I have no idea how many hours my employees work -- I just know they get the work done. ”— The Way I Work: Jason Fried of 37Signals
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