“Overwhelmingly, they're software engineers, data scientists, product managers… we have a core centralized team for R&D, G&A, marketing, who we redeploy very fluidly across all of our businesses.”
Bending Spoons · Prof G Markets · This EU Firm Made Billions Buying Up Forgotten Tech
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What was described
Maintain a central R&D, G&A and marketing team (~800 people) that is fluidly redeployed across all portfolio companies to pursue R&D opportunities
≈800 core staff
Said nearby on the same subject
“You can have a centralized team to build those components that are common across all services… Here’s how you use it rather than having you build all that yourself.”
“Extra R&D ... would cost us $50,000-$100,000 ... gives us an extra 15% of people buying because of that one reason alone”
SM
Simple Modern Matt
Operators ·
Hard number$50,000-$100,000 R&D cost; 12-16% of post-purchase buyers cite the fea…Share this moment
“I have a sort of string of fractional people... former head of sales... former CMO... former CFO... former head of customer... former CEO of Emerson... former head of R&D”