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4min chapter
Comparing the Dotcom Crash to Today (with Tom Cowan from TDM)
ACQ2 by Acquired
The Negative Side of Operating Leverage
In 2000, the median Eva DA margin was 14%, where in the best more index back in 22, it was 6%. That really probably goes to the growth at all costs mentality that we've had in the last couple of years. Back in 2000, this recurring software business that we now know as SaaS didn't exist. When you look at those technology businesses, they weren't recurring revenue.
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