It is obviously, very much company by company thing. However, I've seen some analyses that put it at between 35-50% for typical SasS (i.e., they are selling to

It is obviously, very much company by company thing. However, I've seen some analyses that put it at between 35-50% for typical SasS (i.e., they are selling to each other and other start-ups). To me, if true, that seems like rough sledding for many firms in a funding down turn.