Fulcher: Zenefits is 12 to 24 months from 80%-plus gross margin
Jay Fulcher · 1095 His First Move at Zenefits? 450 Laid Off. Now Eyeing Profitability and $100m in ARR · Jul 24, 2018 · at 8:58
Zenefits CEO Jay Fulcher outlines gross margin projections as subscription revenue scales over fixed platform costs.
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“So I do believe that we have some targets that get us into the 80% plus gross margin range. My view is I believe that we're sort of somewhere between 12 to 18 to potentially 24 months away from that.”
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