I run a SaaS with a business partner and this is basically our thesis for getting rich. My saying around this is "This amount of revenue/profit will cause a company of 500 or 1000 to go bankrupt, but it will make a company of 5-10 filthy rich"
I run a SaaS with a business partner and this is basically our thesis for getting rich. My saying around this is "This amount of revenue/profit will cause a company of 500 or 1000 to go bankrupt, but it will make a company of 5-10 filthy rich"
Most SaaS companies are not doing anything particularly innovative or novel. Most of them provide value via putting in the work to glue together several other APIs, automating something that previously was harder to script/automate, or simply applying an idea that another company pioneered to another market segment: "It's like Theranos but for barbers!"
These use cases are generally so typical of the technology being used, that LLMs can do a lot of work to script things and it's usually pretty easy to QC.
Just eliminating redious things. It's nothing difficult for a human, but we would have to hire a ton of humans and couldn't compete against the big guys then.
I'm not offering an LLM wrapper SaaS for my clients. We are just using this internally.
> This amount of revenue/profit will cause a company of 500 or 1000 to go bankrupt
Or more likely it would make them fire 995 out of 1000 and the remaining 5 could be almost as rich as you 10, and they have advantage of spending for few years on marketing and better development.