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The unprofitable SaaS business model trap (2013)
- roseway4 7y ago(2013)
- julienreszka 7y agoSame reason why Homejoy crashed, same reason why Uber will crash. If customers don't pay the real price, someone eventually will.
- bdibs 7y agoThis is why I prefer bootstrapping, your focus is entirely on sustainable growth and profitability, with the added bonus of not being beholden to VC's or a bank. There are obvious exceptions to this like the biotech sector, but for 99% of SaaS companies I think it's the way to go.