Let me start by saying that I don't know anything about Treehouse or their profitability... but based on that benefit list, they're either REALLY profitable or they've got a bunch of upfront investor money to burn through.
Given how young they are and that their investor list includes the likes of Kevin Rose and Reid Hoffman, I'm going to go with the latter.
I operate a small ecommerce company with about 15 employees that include everything from developers to warehouse workers. There's no way I could sustain such benefit list and I know none of my competitors could either. There's just not a high enough margin (and we're in a high margin business).
The answer might be that a company whose product is "knowledge work" might be in a different boat, but it really makes me wonder if you can sustain that kind those kinds of benefits when you're standing on your own two feet.
Well then congrats to you sir. When a company can manage that kind of profit, it's nice to see them using those resources to invest in serious talent for the long haul.
Back in November, Ryan Carson revealed that they were earning ~$150,000 in revenue per month and growing rapidly. Venture capital money + revenue money = lots of money to pay benefits.
Comments
Let me start by saying that I don't know anything about Treehouse or their profitability... but based on that benefit list, they're either REALLY profitable or they've got a bunch of upfront investor money to burn through.
Given how young they are and that their investor list includes the likes of Kevin Rose and Reid Hoffman, I'm going to go with the latter.
I operate a small ecommerce company with about 15 employees that include everything from developers to warehouse workers. There's no way I could sustain such benefit list and I know none of my competitors could either. There's just not a high enough margin (and we're in a high margin business).
The answer might be that a company whose product is "knowledge work" might be in a different boat, but it really makes me wonder if you can sustain that kind those kinds of benefits when you're standing on your own two feet.
We were profitable before we raised any money.
Now that we've raised $5m, we can increase our burn to outpace our revenue to speed up customer acquisition and product development.
Well then congrats to you sir. When a company can manage that kind of profit, it's nice to see them using those resources to invest in serious talent for the long haul.
Gracias
Back in November, Ryan Carson revealed that they were earning ~$150,000 in revenue per month and growing rapidly. Venture capital money + revenue money = lots of money to pay benefits.
http://mixergy.com/treehouse-ryan-carson-interview/