[exolymph]

Upvoted because it's an interesting topic, but the statement in the title is straight-up inaccurate and reflects the author's biases regarding what meets the criteria for "SaaS company."

In the blog post itself he wrote, "As of 2018, I believe it is now impossible to start and scale a SaaS business without significant capital. [...] Bootstrapping SaaS to sustainable revenues and profitability is so hard in 2018 because of the time it takes to grow organically. [...] That said, it is still possible to gradually build up a profitable small software business in a niche area that can grow over time."

Yeah, that last example? No reason why a niche software business wouldn't be considered a SaaS company.

Really I'm annoyed by the phrasing / terminology here. He should have specified that he's talking about a large SaaS company... but at that point it's banal to say that you can't do it without raising capital.

[lazarko]

I am also curious to hear what is 'significant' amount? Is it something which a couple of guys can't finance by themselves in a garage? For a month or for a year? We've built one SaaS business without, what I would consider, significant funding.

[zebraflask]

That will be terrible news for most of the YC classes recently.