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The free lunch in the SaaS space is (finally) over, both literally and metaphorically. What people ought to be doing is moving to remote, rural, and low cost-o
by infamouscow 2y ago
The free lunch in the SaaS space is (finally) over, both literally and metaphorically.
What people ought to be doing is moving to remote, rural, and low cost-of-living areas that have been completely ignored by investors and techies for decades. We live in a post-covid world. Starlink works great. There are simply no excuse. Clinging onto the vestiges of Silicon Valley circa 2014 is a fools errand and has been for multiple years. It's time to start opening mocking people for being delusional.
Interact with your new rural community, and really understand their problems. You can start sprinkling technology in to help and expand from there. These markets have been ignored for a long time because their treasures are not shiny enough for VCs to pay attention to—not because there isn't tremendous opportunity to do some good and making a living.
The people following this advise aren't complaining about the job market, quite the opposite.
- selimthegrim 2y agoBelieve me, I tried, but when the local economic development person’s [1] idea of a peptalk is to tell you how many Nvidia remote employees moved into your state before, and after the pandemic, and how most start ups die here having raised between half a million and 1 million when with Section 174 you need a million to pay your taxes, that kind of sticks a fork in it. [1] Currently bragging about leading a $50 million venture fund for the state which only matches private capital investment. Also, their previous star achievement was a 14% return over 26 years on some company Fender bought.
- infamouscow 2y agoJust wait until you have competitors that want to put you out of business. If this is too difficult to overcome, you're not going to make it.
- selimthegrim 2y agoWell, yes, but you have to convince people to do business with you first instead of people like Axon and Nuance who can afford to lose money and charge $.10 an hour. I’m just saying I’m located in a very challenging investment environment.