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by ttul 2354 days ago
Software developers should realize that as their salaries increase (and I'm not even talking about FAANG), companies that are selling SaaS and software solutions have to charge more in order to continue doing the fine work of developing stuff.

At the same time, investors are demanding that their portfolio companies begin to take profits after years of blasting away money in favor of growth-at-all-costs.

In my SaaS company, we have also increased prices and changed product packaging to generate greater profits in the past year. Customers hate it, but if they could see inside the company, they would see as I do that the changes are necessary to remain in business.

2 comments

"...years of blasting away money in favor of growth-at-all-costs" - Maybe those companies should go under?
They should go under rather than just raise prices? Seems logical to try raising prices first.
Agreed, just funny how the commenter says they're blasting away money for years in one sentence but then seems to try and justify the price increase in the next.
"Customers hate it, but" <-- remember that for the company post mortem.