How to Think of R&D Spend
Andreessen Horowitz
DECEMBER 4, 2023
In board meetings, we scrutinize the efficiency of sales and marketing (S&M) spend, costs of goods sold (COGS), and general and administrative costs (G&A). For these companies, innovation is a matter of life or death, and the best way to survive is to nail the product for a new platform—and that means nailing R&D spend.
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