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by rocket_surgeron 1295 days ago
Kraken had ~$1 billion in revenue last year.

With 3,700 employees, that's a revenue-per-employee of $270k.

If you are a startup, that is ok, maybe even great!

If you are not a startup, and are in tech/finance that is NOT OK.

Kraken is not a startup.

Of course, my context is the tech sector and not the scammy free-for-all that is crypto, so I may be off-base.

Their RPE is more like a struggling, dingily-lit, zombie chain of brick-and-mortar retail stores than it is a tech firm.

I know HN doesn't like metrics like RPE, but they're never wrong.

edit: just looked it up. For comparison, Binance has around 6,000 employees and around $20 billion in annual revenue which is off the charts in terms of RPE, even for oil and gas. That's a sign they need to hire more.