New Relic S-1 continuing enterprise SaaS trend of 90% of revenue going to sales and marketing: http://www.sec.gov/Archives/edgar/data/1448056/000119312514406260/d709327ds1.htm …
@ericpallen I think that SaaS businesses which think that they can scale down in $$$ from sales/marketing are engaged in wishful thinking.
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@ericpallen The bull case for any of them is "Today's spend buys next year's growth which we reap for 7+ years."
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@ericpallen That case isn't insane, but some companies which have made it are not maximally credible to me.
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