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He considers SaaS a B-tier model, noting that while recurring revenue is attractive, increasing competition from AI and LLMs makes it harder to compete.
“I just think like LLMs increasingly can build software and it's not that it's going to put all these businesses, let's say you have a SaaS software company and there's 10 competitors 5 years ago, I just think there's going to be 50 or 100 competitors in the future. And when that happens, competition”
My First Million · Nov 2025 · 1 episode · 74K views on this topicExtracted by a model; may misattribute who said what.