3 ms·
I'd look for companies that are not funded in that case.
by redguava 14y ago
I'd look for companies that are not funded in that case.
- casca 14y agoI'd agree that this is one criterion, but being funded is neither necessary nor sufficient :)
- lunaru 14y agoIf you look at the list above you'll notice that there are plenty of well-funded companies as well as bootstrapped companies. Zendesk has raised $85M. On the other end of the spectrum, you have Tender and Lighthouse from ENTP, which are not funded at all. Unlike consumer internet startups, I think there's only one criterion for whether or not a SaaS product will be around in 5 years: Does the product work well? Most of these companies don't/can't rely on network effects to grow, so there's very little winner-takes-all action. That's why you'll see plenty of breathing room for big players and small players alike in any given category. Disclaimer: I'm the founder of a bootstrapped, profitable company, so I'm probably biased toward bootstrappers.
- jborden13 14y agoRevenue is the important metric. Funding can only delay the inevitable if they do not have revenue. Being funded does not mean you won't have to look for a new vendor in 6 months. Only the runway is a bit longer if the revenue isn't there.