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by jwr
2746 days ago
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As a SaaS author: I would also suggest taking into account the business model of the SaaS you are looking at. The old way of thinking was that a Serious Company is safer than a one- or two-founder operation. But Serious VC-funded Companies are unprofitable most of the time and burn through VC money, subsidizing their business. Even if they don't crash, a "successful outcome" is an acquisition, which most of the time results in shutting down the product and a post about what a "wonderful journey" this was. And don't forget all the products that Google just shut down over the years. A self-funded slow-growth profitable startup can be a much more stable bet, even though it seems counter-intuitive. |
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It's not counter intuitive, it's just that it's really hard to guess which company is doing OK, getting slow steady and profitable growth and which does not. Additionally, the slow and steady company can still be acquired / decide to "bet big" / ... . So we are back to Google and co.