How to Think of R&D Spend
Andreessen Horowitz
DECEMBER 4, 2023
Most growth-stage CEOs I work with know how to tell if they’re efficiently allocating capital in every part of their budget with one glaring exception: research and development (R&D). After all, once your company goes public, you’ll be expected to justify every dollar you spend. And finding inefficiencies in overhead (e.g.,
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