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by codingdave 2214 days ago
The most solid SaaS I've been a part of was not a fast start. It was almost 20 years from the first customer until the acquisition/exit. It was bootstrapped, and added about one employee per year. It maxed out at 2 developers.

But it grew to around $15M ARR in that time. That might not sound like a huge number compared to the best known startups, and VCs would have no interest in such a company, but it does prove that slow growth does work.

So to answer your question... when should you give up? Give up when you no longer feel fulfilled by working on it. There is no magical growth rate that makes it a good project vs. a bad project. It is all about your personal goals and whether it fulfills them.

1 comments

> $15M ARR > That might not sound like a huge number

As a founder, I'd be more than happy to work on it for my entire life