Asana's is better: - 86% gross margins (122,725 / 142,606) - 86% YoY rev growth (76,770 to 142,606) - 75k paying customers (easy come, easy go) - one-off sale pitches vs one-off lines of code…
Similar structure usually, here's a few others by Wilson Sonsini: - Palantir: https://www.sec.gov/Archives/edgar/data/1321655/000119312520... - Cloudflare: https://www.sec.gov/Archives/edgar/data/1477333/000119312519...…
These financials are awful for a software business. Gross margin of 67%, even with pilot costs lumped into Sales&Marketing. If you add these pilot costs to COR, you'd get better numbers manufacturing furniture. -- 2019…
Asana's is better: - 86% gross margins (122,725 / 142,606) - 86% YoY rev growth (76,770 to 142,606) - 75k paying customers (easy come, easy go) - one-off sale pitches vs one-off lines of code…
Similar structure usually, here's a few others by Wilson Sonsini: - Palantir: https://www.sec.gov/Archives/edgar/data/1321655/000119312520... - Cloudflare: https://www.sec.gov/Archives/edgar/data/1477333/000119312519...…
These financials are awful for a software business. Gross margin of 67%, even with pilot costs lumped into Sales&Marketing. If you add these pilot costs to COR, you'd get better numbers manufacturing furniture. -- 2019…