Many tech companies easily have budgets above $100M a year, without shipping any physical product. Agree with the general premise of this, but the physical aspect seems overstated. Many service and software companies can easily scale to $100M plus.
Edit: Seems like Haydn already made my point better than I did.
Many tech companies easily have budgets above $100M a year, without shipping any physical product. Agree with the general premise of this, but the physical aspect seems overstated. Many service and software companies can easily scale to $100M plus.
Edit: Seems like Haydn already made my point better than I did.