Recurring Revenue is Magic
Seeing Both Sides
JULY 21, 2014
In 1998, Yom Kippur fell on September 30th. But many years later, I began to appreciate that one of our core flaws was our business model. As a result, the full revenue for each deal was recognized in that quarter as soon as the software was shipped. This allowed our revenue to skyrocket from $1.8 million to $22.5
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