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The sales cost and R&D costs seem high. I could see sales cost being high to get faster adoption with tail-end profit. BUT 450M R&D... it's a document signing a
by bushbaba 4y ago
The sales cost and R&D costs seem high. I could see sales cost being high to get faster adoption with tail-end profit. BUT 450M R&D... it's a document signing application. Seems like there's room to cut costs without impact to the business. For example, there's no way Box spent 450M/year in R&D to build out it's own docusign equivalent.
- tomcam 4y ago> there's no way Box spent 450M/year in R&D to build out it's own docusign equivalent. So true... I could have done that in a weekend! https://danluu.com/sounds-easy/ https://danluu.com/sounds-easy/ Seriously you're dead right. I just never get tired of that callback.
- qq66 4y agoThere's a lot of space between a weekend and $450M.