5 Interesting Learnings from Toast at $1.5 Billion in ARR
SaaStr
AUGUST 21, 2024
Shopify and Bill both also get the majority of their revenue from financial fees and transaction fees, not software subscriptions. Only Grew Sales & Marketing Expense 12%, and Cut R&D (Product + Engineering) and G&A Expenses Toast has gotten to profitability by truly holding the line on headcount and revenue expenses.
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