added by sari · updated 2y ago
How to win in consumer subscription
- Meanwhile, Duolingo has ~70% gross margins, with app store fees being the main cost. Note that while content isn’t included in gross margins, it is likely <10% of revenue based on the employee mix Duolingo has highlighted.
from Duolingo and Consumer Subscription Businesses by Tanay Jaipuria
sari added
sari added