I don't understand how their cash burn rate is so high that a billion in revenue... | Hacker News

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		Sakos on Oct 9, 2023 \| parent \| context \| favorite \| on: John Riccitiello steps down as CEO of Unity I don't understand how their cash burn rate is so high that a billion in revenue isn't enough to stay in the black. What are they spending so much money on?

timmytokyo on Oct 10, 2023 | [–]

They've been on a hiring spree, with a ~50% annual growth rate for the past several years [1].

[1] https://stockanalysis.com/stocks/u/employees/

ekianjo on Oct 9, 2023 | [–]

Marketing and sales costs have increased tremendously

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