Totally agree on the uptick of solopreneurship / move away from venture funding for businesses that don’t need it. I think also you see multipreneurship continue to grow, as people who know how to build and sell software in this new world can do this for multiple small businesses at the same time (like you’ve experimented with)
I’m still skeptical that non-enterprise saas companies will drop their prices. I feel like saas pricing has monotonically increased (in nominal terms) for like 15 years. I don’t have any data on this though. My hunch would be that they get more complex on pricing, offering higher paid tiers with new AI features and dropping minimums with less complex / worse offerings.
Yeah, totally agree with your point on multipreneurship!
I see your point on pricing. It won't be a clean unilateral decrease in price. I do believe easy-to-build software will be commoditized and prices will decrease. The bar for "easy-to-build software" will continue to move, and more software will become "easy-to-build." I was intentionally vague in the article with my definitions around "complex software." It can mean:
1) high domain knowledge requirements (e.g., insurance tech)
2) legal/compliance requirements (e.g., apps made for public sector), or
3) just hard problems (e.g., making a self-driving car)
These categories of software will stay protected for longer.
I can make a profit charging <50% of what other AI meeting assistants charge. So, I can't imagine their entry-level prices will remain as high as they are today. To your point, it could transition to a tiered structure where my competitors introduce lower entry-level prices and charge more for CRM integrations (and/or other things that add "complexity" and require large engineering teams to build and maintain). Only time will tell!
Totally agree on the uptick of solopreneurship / move away from venture funding for businesses that don’t need it. I think also you see multipreneurship continue to grow, as people who know how to build and sell software in this new world can do this for multiple small businesses at the same time (like you’ve experimented with)
I’m still skeptical that non-enterprise saas companies will drop their prices. I feel like saas pricing has monotonically increased (in nominal terms) for like 15 years. I don’t have any data on this though. My hunch would be that they get more complex on pricing, offering higher paid tiers with new AI features and dropping minimums with less complex / worse offerings.
Yeah, totally agree with your point on multipreneurship!
I see your point on pricing. It won't be a clean unilateral decrease in price. I do believe easy-to-build software will be commoditized and prices will decrease. The bar for "easy-to-build software" will continue to move, and more software will become "easy-to-build." I was intentionally vague in the article with my definitions around "complex software." It can mean:
1) high domain knowledge requirements (e.g., insurance tech)
2) legal/compliance requirements (e.g., apps made for public sector), or
3) just hard problems (e.g., making a self-driving car)
These categories of software will stay protected for longer.
I can make a profit charging <50% of what other AI meeting assistants charge. So, I can't imagine their entry-level prices will remain as high as they are today. To your point, it could transition to a tiered structure where my competitors introduce lower entry-level prices and charge more for CRM integrations (and/or other things that add "complexity" and require large engineering teams to build and maintain). Only time will tell!