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Alias Born 05/16/2005

Re: None

Tuesday, 07/20/2021 10:49:03 PM

Tuesday, July 20, 2021 10:49:03 PM

Post# of 5343
Thing with SAAS companies and why they are So incredibly profitable is because most customers dont cancel so you keep building up that monthly recurring revenue as you pile on new customers. Just keeps building and building.

And more and more cash flow to reinvest in the product to make it better, thereby enhancing customer experience and more sign up. The hardest part is the beginning but once you hit critical mass, as seen with so many companies nowadays, growth skyrockets.