R&D

“So today, large CPG spends about two percent of sales on R&D.”

“Tech spends about 14% of sales on R&D.”

“We are, 800 people today. We, I think about 40% of our team works in R&D, probably spend a hundred million dollars a year on, on R&D.”

“If you want to drive like process development and R&D towards thinking about it as a manufacturing type process, the best forcing function is at the end of the day, you have like the equivalent of a shift passed down, which is you say, here's what we did. Here…”