NONO TION TTION T ALENT AALENT A SS SESSES SMENTSMENT Round Size Sales & Tech ($m) marketing / R&D Other 0 - 1 30% 55% 15% 1 - 5 30% 53% 17% 5 - 10 42% 41% 17% 10 - 20 48% 39% 13% 20 - 50 39% 42% 19% 50+ 36% 40% 24% The final way to test the viability of these departmental trends is to create a matrix that delineates departmental ratios by the round size ($m) and stage. 2626