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Translated: “A SaaS company with over $100k in MRR basically can’t die and one with $1M in MRR can’t be killed”
I have one teeny quibble with this, which I otherwise endorse:
I have one teeny quibble with this, which I otherwise endorse:
A SaaS company with $100k MRR which is growing quickly can probably retain the founders and other talent. A company which hits that but is not growing quickly *and* competes with the labor market might end up strangled by the opportunity cost.
This is less relevant to e.g. Tokyo or non-hubs in the US, but AppAmaGooFaceSoft sees a $1 M a year SaaS business as a PM that they could put in charge of a business 100X as large and some other stuff too. And they will persuasively communicate that worldview, attached to checks.
There are many founders who’d far rather run the business than take Google’s shilling. I’d likely be one of them. But stakeholders should understand what other stakeholders’ BATNA is to continuing the business.
