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It seems that simple, profitable business models are hard to come by these days with tech startups, especially in the SAAS space.
by programminggeek 12y ago
It seems that simple, profitable business models are hard to come by these days with tech startups, especially in the SAAS space.
- patio11 12y agoThe common counterargument to this is that investors want to buy growth, not profits, and to maximize valuation you should give them what they want. Profitable SaaS businesses are not rare. Profitable SaaS businesses which do $50 to $100 million recurring within fiveish years of founding? Those are pretty rare. (Most HNers could, if they thought through it carefully, name one example.)
- ovi256 12y agoI thought you were going to say "Most HNers could, if they thought through it carefully, create one" and I judged it over-optimistic. How over-optimistic I was!