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Maybe the apps themselves are stable enough that the engineers working on them have to work on something. Is there an example of a SaaS product out there with m
by ssgodderidge 4y ago
Maybe the apps themselves are stable enough that the engineers working on them have to work on something. Is there an example of a SaaS product out there with more than one developer that isn’t interested in adding features? I don’t know of any.
- baxtr 4y agoI think it’s mostly investor driven. More features, higher monthly fees, higher valuations.
- makestuff 4y agoI think the issue is if you do not keep adding features then some big tech company or larger startup will develop your feature in house and bleed your user base dry. Imagine if you did one thing really well (like booking meetings). It would take Microsoft or google a year to copy the functionality into their own apps. No one cares when money is cheap, but in a recession the first thing cut is going to be some single use SaaS app. For software that was sold with a license key it obviously isn’t as much of an issue, but the recurring revenue makes you beholden to continuously adding new features.
- ssgodderidge 4y agoTotally agree. This reminds me of the Innovator's dilemma. The small company comes in, does one small thing really well, and then expands until it overthrows the large incumbent.