• deFrisselle@lemmy.sdf.org
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    1 year ago

    The have to keep pumping out tons of videos or they take a big profit hit Linus put LMG in quite the pickle

    • fox [comrade/them]@hexbear.net
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      1 year ago

      Company is worth a smooth 100 mil. They can afford to hire more people to keep the rate of videos going while improving quality.

      • deFrisselle@lemmy.sdf.org
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        1 year ago

        That’s its estimated worth according to one potential buyer It’s not their total capital value, revenue, or profit value per year Though they likely have the liquid capital coming into hire a few more while they build out the lab The lab is going to be a money pit for a few years till they hit their ROI The issue is that the rate of growth requires a certain amount of liquid capital to spend that is dependent on pumping out videos across their YT channels They seem to need to slow their roll a bit on that growth