When you say the "whole industry", which industry are you referring to? The entire technology sector? Venture-backed companies specifically? Growth-stage VC-backed specifically?
This claim is counterintuitive to me in many business contexts - ex. for an established privately-held company issuing dividends to the owners, what incentive do owners have to emphasize ARR per employee rather than net income?
This claim is counterintuitive to me in many business contexts - ex. for an established privately-held company issuing dividends to the owners, what incentive do owners have to emphasize ARR per employee rather than net income?