Benchmarking WorkDay's S-1 - How 7 Key SaaS Metrics Stack Up
Tom Tunguz
OCTOBER 12, 2014
Services revenue isn’t a money-maker. The chart above shows these trends and compares it to the Subscription gross margin which has increased by 50%, reaching 75% in 2011, in the same time period. WorkDay financed this huge investment by coupling long-term, near-million-dollar agreements and nearly $200M in venture capital.
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