0_o Why so many employees? In the context of the volume you do I don't see how you'd turn a profit with that many employees unless you get the tax credits other francophone software groups like Logivision get and more.
For context, shopify has pretty high monthly fees as well as taking a cut of sales. Last I saw they had over 200,000 shops, minimum $30/month (up to $300) means at LEAST $6 mil/month from monthly fees, plus some percentage of the 3.8 billion/quarter gross sales they process... whatever they get to keep after paying strip and the credit card companies. Even a half a percent means $19 million per quarter.
So if you are a startup, growing fast, and bringing in well over $12mil/month... a lot of employees makes sense.
Why all the hate on Shopify, from this and your other comment? They seem to be doing a pretty good job. Also, what does the "other francophone software groups" comment mean? Is Shopify francophone and what would that mean?
kennywinker|9 years ago
So if you are a startup, growing fast, and bringing in well over $12mil/month... a lot of employees makes sense.
xal|9 years ago
https://press.shopify.com/releases/shopify-announces-third-q...
sxcurry|9 years ago
sskddd|9 years ago
FullMtlAlcoholc|9 years ago