3 ms·
I'm guessing we'll see a lot more linear growth, bootstrapped products rather than the incessant swarm of bogus "moonshot companies" seeking a hockeystick chart
by warent 6y ago
I'm guessing we'll see a lot more linear growth, bootstrapped products rather than the incessant swarm of bogus "moonshot companies" seeking a hockeystick chart. I run a SaaS business by myself and it's more profitable than ever.
- drusepth 6y agoI'd be curious whether the cancellations of SaaS companies relates more to the pricing model (just being SaaS) or the industry/product. Companies like TripAction and Namely feel like they'd be hit by a pandemic regardless of whether they're SaaS or not. I also run a bootstrapped SaaS worldbuilding business that has more churn than usual right now, but it's overshadowed by a big boost in activity and new subscribers that still put me net "up" -- assumedly because more people are inside right now, spending more time online, have more time to find and explore new things online, are organically sharing more things with their friends, and/or looking for new ways to feel productive. Feels like the biggest reason someone would cancel their SaaS subscriptions right now is losing expendable income -- but that's not going to help them with much larger, one-off purchases of software either. I'd expect a small resurgence of "buy this software" startups after recovering a bit, but I don't expect them to last long for a lot of the same reasons they didn't (in a general sense, across the industry) last long in the 90s. With limited income, it's a lot easier for someone to pay $5/month than $50 up front, especially when you're not sure you're going to love a piece of software enough to still be using it in 10 months.