Nomad List

“Headcount still carries weight in how opportunities are assessed, even though it is becoming a weaker proxy for output. Revenue per employee is emerging as a more relevant indicator. A company generating $3 million in annual revenue with two people is often treated as an edge case rather than what it actually represents: a highly efficient system.”

“Nomad List's first post got 85 likes in 2014, yet the crowdsourced spreadsheet it launched still generates $15K a month a decade later.”