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by ricardobeat
5144 days ago
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Serious question: how does a company like pinterest spend $100 million? That's enough money to keep SpaceX running for an year, hundreds of engineers building space rockets. They don't seem to have, or need, a sales force. They hire mostly developers and designers, and I imagine having hundreds of them isn't of much use unless their service will change radically in the future. Ideas? |
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But yes I agree its hard to understand how they are able to put all of that money to work - probably a lot goes into an "emergency fund".