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A few years ago, I built an exact replica of a Saas product I saw online and priced it 1/3 theirs. The actual founder went mad and started a smear campaign. Luc
by prakhar897 4y ago
A few years ago, I built an exact replica of a Saas product I saw online and priced it 1/3 theirs. The actual founder went mad and started a smear campaign. Lucky for him, Workload at my regular job picked up and I abandoned the project, but this highlighted the weak moats of most of these products.
and this is the main reason most companies overhire. It's so that engineers are less inclined to go home and build their own competitor.
- simmerup 4y agoThe other way to view is that even though you could undercut that business by two thirds, you didn’t make enough profit to make it worth pursuing over your day job. So maybe you were selling it far too cheap after all.
- prakhar897 4y agoI would've made significant more than my day job just by subscriptions (not counting share value). I had just joined workforce and leaving it so early didn't seem right to me.
- FlyingSnake 4y agoFor most of these companies sales and marketing is the moat. Edit: curious to know what was the SaaS that got rattled by your fun experiment.
- prakhar897 4y agoI'll dm u :)
- simonswords82 4y ago> and this is the main reason most companies overhire. It's so that engineers are less inclined to go home and build their own competitor. This is most definitely not true.
- threadweaver34 4y agoIf hosting is cheap, I'd be tempted to put it out for free just to up the ante with the other company.