{"id":3153,"date":"2018-10-09T11:27:08","date_gmt":"2018-10-09T11:27:08","guid":{"rendered":"https:\/\/reformingretail.com\/?p=3153"},"modified":"2019-01-23T10:24:36","modified_gmt":"2019-01-23T16:24:36","slug":"employees-at-vc-backed-cloud-pos-companies-must-be-watchful","status":"publish","type":"post","link":"https:\/\/reformingretail.com\/index.php\/2018\/10\/09\/employees-at-vc-backed-cloud-pos-companies-must-be-watchful\/","title":{"rendered":"Employees at VC-Backed Cloud POS Companies Must Be Watchful"},"content":{"rendered":"<p>Revel's employees <a href=\"https:\/\/reformingretail.com\/index.php\/2017\/02\/08\/dear-revel-employees-your-shares-are-probably-underwater-will-be-for-a-while\/\">had shares that ended up being nothing more than pieces of paper<\/a>. That comes after $120M of outside investment and a nominal valuation of half a billion dollars. Such is life when you ride the thin edge of\u00a0 aggressive growth and outside institutional investment. Yet we're not convinced there won't be similar endings to other venture-backed companies in brick and mortar, which is why employees at such firms need to pay particular attention to what we say next.<\/p><p>Let's start by looking at some outside resources. <a href=\"https:\/\/www.linkedin.com\/in\/sammy-abdullah-1292494\/\">Sammy Abdullah<\/a>, an investor at Blossom Street Ventures, has great metrics for how software companies should perform. We're going to borrow from <a href=\"https:\/\/medium.com\/@sammyabdullah\/successful-saas-companies-spend-23-of-revenue-on-r-d-3602e9dc2de\">some of his analysis<\/a> in this post.<\/p><div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/reformingretail.com\/index.php\/subscribe\/\">Subscribe<\/a> or <a href=\"https:\/\/reformingretail.com\/index.php\/log-in\/\">log in<\/a> to read the rest of this content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Revel&#8217;s employees had shares that ended up being nothing more than pieces of paper. That comes after $120M of outside investment and a nominal valuation of half a billion dollars. Such is life when you ride the thin edge of\u00a0 aggressive growth and outside institutional investment. Yet we&#8217;re not convinced there won&#8217;t be similar endings [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3],"tags":[],"class_list":["post-3153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pos"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p81nA2-OR","jetpack_featured_media_url":"https:\/\/i0.wp.com\/reformingretail.com\/wp-content\/uploads\/2018\/09\/a3.jpg?fit=1779%2C961&ssl=1","_links":{"self":[{"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/posts\/3153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/comments?post=3153"}],"version-history":[{"count":8,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/posts\/3153\/revisions"}],"predecessor-version":[{"id":4288,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/posts\/3153\/revisions\/4288"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/media\/3177"}],"wp:attachment":[{"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/media?parent=3153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/categories?post=3153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/tags?post=3153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}