[gt565k]

Exactly! The idea that having more employees is better is complete BS.

We all know that start-ups work because they are small and focus on problem solving, not dealing with bureaucracy and administrative inefficiencies.

Look at the whatsapp acquisition. It was touted so much because the company had only 50 engineers.

High revenue per headcount is a good indicator of successful execution, good hiring practices and organizational structure, and a solid culture.

If you can achieve the same results with 5 people that a company needs 20 people for, you'll obviously be the more profitable and desirable company for a VC to invest in.