Gurley says majority of marketplace companies spend half their R&D on B2B supplier-side systems.
“I would say the majority of our companies that serve some type of local marketplace are spending half of their R and D dollars on the B2B side of equation, the stuff you wouldn't see on the consumer side.”
Gurley notes B2B companies have much higher founder replacement success rates than consumer companies.
“companies that serve businesses have a much higher success rate of replacing the founder than companies that serve consumers.”