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 cr

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.