Tanay, fantastic write up as always. It's staggering to be reminded of the scale that big tech has - while $600k/FTE doesn't look great relative to the other names on that chart, that would be an unworldly rev/FTE ratio in mid-market B2B software.
Minor nit: I believe the phrase is "fares well", rather than "fairs well" :)
Tanay, fantastic write up as always. It's staggering to be reminded of the scale that big tech has - while $600k/FTE doesn't look great relative to the other names on that chart, that would be an unworldly rev/FTE ratio in mid-market B2B software.
Minor nit: I believe the phrase is "fares well", rather than "fairs well" :)