5 Interesting Learnings from Lightspeed Commerce at $750,000,000 in “ARR”
SaaStr
APRIL 19, 2023
So one large category of software spend is on Point of Sale systems. And their mix of software, payments and hardware revenue drives up the total deal size — but puts a lot of pressure on margins. Payments are the largest segment (like Toast and Shopify as well), but at least low-margin hardware is a small percent of revenue.
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