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Startups For the Rest of Us

Episode 732 | Lessons Learned Bootstrapping to a $615M Exit

405.384 - 422.739 Jeff

you know, just excluding market conditions, you take your revenue is sort of the first reel of a four reel slot machine. And then you take your gross margin. And I'd never really calculated our gross margin. I mean, I knew how the business worked, but I'd never really dug into what our gross margins were. And we were about 90% gross margin. So it was a mature product.

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