> You can count on your two hands how many small to mid size SaaS/tech companies actually make money. I think you’ll see this change slowly in the next 2-3 yea

> You can count on your two hands how many small to mid size SaaS/tech companies actually make money. I think you’ll see this change slowly in the next 2-3 years. I’ve been running a small/medium company for 7 years now, bootstrapped but with a small $1 million seed round in 2015. During the 2020/2021 bubble, our seed investors were very angry at us for being profitable. (Angry isn’t an exaggeration) After the bubble bursts, those same investors are now praising us for being so “cash efficient” and profitable. Founders are heavily influenced by the recommendations of advisors around them. Now that the entire VC community is condoning/punishing high cash burn companies, you’ll start to see more conservative ways of operating a business become more common, since that’s now what VC, PE, etc all want to see right now (and for the foreseeable future, at least until interest rates go way down)