For a few years now at Crunchbase News, we’ve been tracking the relationship between a tech company’s valuation and the number of people it employs.
Consistently, the finding has been this: Recently public tech companies have gotten much bigger in terms of valuation, but not so much in terms of staff size.
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For our latest analysis, we looked at a sample set of primarily venture-backed, software-focused businesses that went public in the past eight months. We use a self-invented metric, valuation-per-employee1, or VPE, to measure the relationship between valuation and staff size.
Overall, …
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