I do wonder what the RoI is here
15M is like one month of salaries for 500 engineers, so like 40% of their whole eng. team
15M is like one month of salaries for 500 engineers, so like 40% of their whole eng. team
https://www.sec.gov/Archives/edgar/data/1652044/000165204424...
If you add a $15M one time capital expense to this then it doesn't even appear as a rounding error on this cash flow statement.
Acquiring a long term asset acting as a pillar of your marketing strategy then it begins to look like a very good deal.
But how do we measure it? How can we tell that it was successful / good idea or not?
Even things like what is the difference between "chat.com" and "chat.ai"?
Would "chat.ai" for 1M be more efficient than "chat.com" for 15M?