[rossdavidh]

Especially crazy given that, as far as I can tell, they have never turned a profit and never will.

[icedchai]

I'm surprised Fiverr has 360+ employees. I always figured it was 50 folks max, "craigslist" type of company.

[cosmodisk]

What the hell those 360+ do there?...

[rossdavidh]

Well, some of them are required to manage the others. Those managers need secretaries. Some of them are required to prepare reports for the managers. Some of them provide HR support for such a large workforce. Also, you need IT support for all those secretaries, report-generators, managers, and HR people. Payroll department needs to be larger given how many people work there. I could go on, but I think you get the idea.

[penagwin]

I work at a warehouse with ~300 employees, selling over 70,000 different skus, etc. We have 3 Programmers, and 3 IT/network people, 1 hr, etc. We're hiring more programmers though.

What the heck are 360+ employees doing? You're right you do need lots of management, but there's no way they need that many people. Like, thats a LOT of people.

[sct202]

They have 7 offices so there's probably a lot of people who have jobs to communicate between offices.

[bduerst]

Probably region-specific support and dispute resolution, most likely. Two-sided markets require twice the support, now multiply by country and locale.

[sdinsn]

Probably marketing, hence why they lost so much money.

[i_cant_speel]

The majority of companies that IPO aren't profitable at the time they IPO. This is nothing new.

[jddj]

The fact that it's the case for the majority of tech companies is actually new.

The internet trends slides which were on the front page a couple of days ago showed just this phenomenon.