What this teaches
A SaaS-focused VC admits the venture model's power-law needs are increasingly mismatched with how most healthy SaaS companies actually grow, and explores what that means for founders choosing capital.
Why it matters
An investor honestly mapping when his own product is wrong for the customer; foundational for the alternative-capital debate.
Key lessons
- VC economics require outcomes most SaaS companies won't reach, by design
- A capital mismatch hurts the company even when everyone acts in good faith
- Consider fund size and model when choosing investors, not just the brand
Point Nine Capital
See their stage, check size, and thesis in the VCMatch investor index. View profile →