RV E11 - A Look Inside the Refine Labs P&L Statement, Getting Your Next Promotion, and More | TikTok Live 19
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Software Companies Are So Valuable
If you can be efficient, you can make greater than 30% profit if you're a solo perner. As the top line grows, the overall cost to develop that are a very small part of it which means that the gross profit of the business is very high. Typically software companies are in the 75% to 90% gross margin businesses.
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