From $800k to $274M in 4 Years - The Story of Ariba
Tom Tunguz
MAY 13, 2015
In 2002, the company invested significantly in sales and marketing, but suffered a decline in revenue. In a typical year, the company invested about 20 to 30% of their revenue in research and development. in 1999, and ultimately wrote off about $1.4B, which had to be recognized in the period from 2000 to 2002.
Let's personalize your content