SaaS

“As many companies experience, software was very high margin, but if our saw, if we couldn't concretely show a return on investment, Because the client didn't know what to do with the data then it didn't matter how high margin. Didn't matter, you know, how litt…”

“But we're in the stage where we're more of a service as a software as opposed to a software as a service.”

“First conversion that visitor to trial, you want to be about over eight percent with a SAS, especially a low touch SAS like ticker. We're at about 18%, which is awesome.”

“With a SaaS, a benchmark, you want to be at about 5.75% or less to really achieve product market fit.”

“So like, it looks like in the nearest future, we probably will not need like VC firms for companies which operates as a SaaS or something similar where you do not need to investigate in in, like in hardware or in biotech or something like that.”

“Basically what we do is we will take a company's fundamental data, accounting data, banking data, use that to ascertain whether we can provide capital. If we can, we will give them terms in 24 to 48 hours, and then hopefully be able to provide them a loan, Of …”

“And so I would say like in general SAS, At an exit level, where we're seeing, you know, companies be acquired right now, I would say a good outcome is in the high single digits to, you know, call it like seven to 12, would be like, that's a good strong outcome…”

“So I, I'd love to see some self-made billionaire on SaaS, but it's probably going to be some deep tech AI stuff, say Andre Carpati or some other guy with the same brain or something can develop some AI agent or AGI that can handle all that.”

“It's not something like a SAS software type of platform that you can say, you You know, within a six month or year or two, you know, you can start having, bringing revenue and so forth. Usually it takes, you know, space tech takes five to eight years, right?”

“In today's world, especially for large enterprises, because some of the small and mid-sized enterprises are okay to let go of the data in a different environment with certain contractual regulations and rules and the penalties, but not large enterprises becaus…”

“So, absolutely I think the era of horizontal, shallow software that's sold in some kind of monthly subscription is, is reaching its end.”

“You know, you see this content, like, oh, I built a SaaS company and, you know, Three hours with four prompts. Like, that's just not gonna make it in a place like Red Hat, right?”

“SAS is not technology. It's a business model, how you sell stuff, right?”

“The SAS Armageddon was overblown or that AI was immediately going to replace any engineers. It's me. It's just a tool in the hands of the, of someone who knows how to wield it.”

“Nowadays there are tons of different AI tools, applications, platforms, but everyone is getting tired of certain software as a service model. you know, everyone demands results, you know, like end to end results basically.”

“Now I think it's overblown, right? A lot of companies especially enterprise, have a lot of integrations. They build a lot of operational processes around some of these systems. This isn't a flip the switch and these companies disappear overnight. These compani…”