Insight certainty 4/5 debate potential 4/5

Ferrari: Most software R&D is a waste of money

Luca Ferrari · The Playbook on Buying and Running Companies Forever · Invest Like The Best · Nov 4, 2025 · at 53:41

Luca Ferrari, Co-founder and CEO of Bending Spoons, discusses product rationalization and software engineering ROI with Patrick O'Shaughnessy.

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“I think people in general overestimate the value of R&D. Let me qualify. They think that generally pouring money into building stuff pays, pays off. It's really not true at all. What we find is that there's a very small number of things that pay, pay off handsomely, and most things are a waste of money.”

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