Benchmarking WorkDay's S-1 - How 7 Key SaaS Metrics Stack Up
Tom Tunguz
OCTOBER 12, 2014
WorkDay financed this huge investment by coupling long-term, near-million-dollar agreements and nearly $200M in venture capital. But because the company has such a huge amount of deferred revenue, the possibility of cross-selling the product suite and lengthy customer lifetimes, it’s easy to justify this continued spend.
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