The unprofitable SaaS business model trap (2013)

This is why I prefer bootstrapping, your focus is entirely on sustainable growth and profitability, with the added bonus of not being beholden to VC's or a bank.

There are obvious exceptions to this like the biotech sector, but for 99% of SaaS companies I think it's the way to go.

Same reason why Homejoy crashed, same reason why Uber will crash.

If customers don't pay the real price, someone eventually will.

(2013)