5 Interesting Learnings from Toast at $500m in ARR, and a $3B Total Run Rate
SaaStr
SEPTEMBER 22, 2021
It loses money on the hardware (gross margin negative) and the payments solutions have barely a 20%+ margin and constitute the vast majority of revenue today. Wix has a similar challenge at $1B+ in ARR , where its website SaaS has high margins but its payments products for eCommerce have a 29% margin.
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