HOW PROFITABLE SHOULD SAAS BE?

Summary from the TLDR Founders newsletter

While high gross margins set the profitability ceiling, efficient management of operating expenses (OpEx) is crucial as a company matures and its revenue growth slows. Not all cloud companies are equally adept at reducing OpEx as a percentage of revenue, which is a significant factor in their long-term profitability and ability to capitalize on growth opportunities or return value to shareholders.