[charlesdm]

Perhaps I have limited understanding of running a £40m a year business, but why does an app like Shazam need 400 employees?

Even if selling data and/or advertising, do they need (say) a 200 people sales team.. ?

[meritt]

I have no idea, it's bewildering to me frankly. Take two recent IPOs for example: MongoDB had 820 employees as of July 31st. StitchFix had 5,800 employees as of July 31st [2].

[1] https://www.sec.gov/Archives/edgar/data/1441816/000104746917...

[2] https://www.sec.gov/Archives/edgar/data/1576942/000119312517...