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by czbond 2177 days ago
My suggestion is to look outside of SaaS. Software is much easier to bootstrap in the past decade, increasing competition (from within a customer, and competitors). We're in the phase where every single permutation of what one can do with software is being exhausted.

Businesses using the same concepts and business models outside of this scope have potentially less competition, higher available market, and higher upside purchase exit.

Someone mentioned patio11, he essentially referenced the lower exit, customer fatigue as why he joined Stripe a few years ago

2 comments

> every single permutation of what one can do with software is being exhausted

This is not in the slightest bit true. It’s just that most people that you hear about are just executing variations on a theme. But there is vast untapped potential, and also many novel things in the software industry being developed that you just never hear about, because the people making them are not present in this chamber.

> Businesses using the same concepts and business models outside of this scope have potentially less competition, higher available market, and higher upside purchase exit.

What type of businesses are you talking about here? Non-software or just non SaaS?

My line of thinking is this: For the past decade(s), the area of growth has been software. It has sucked in professionals into the industry who would have been biologists, chemists, physicists, etc.

So my belief is that those areas are actually void of progress, because 'software' took the intelligence that would have been applied to other areas simply because software often paid 1x-5x more in salary.

But now software, in both profession and product - is becoming overly competitive, and will become top heavy with engineers 'stuck' to move forward (in areas of innovation). One can easily see it in what the industry produces to show our phase - the low hanging fruit is gone. Progress is much less innovation, rather than efficiency, measurement, and tooling. Efficiency is like pulling in an MBA to remove the cruft - one can mostly expect linear, smaller gains.