With companies like Salesforce worth upwards of $100 billion, and incumbents like six-year-old Slack valued at over $7 billion, it would seem there is no better time to be a SaaS company. While this is true in many respects, especially in the U.S. where venture capital is flowing (allowing SaaS companies to scale quickly), the truth is that most SaaS companies don’t make it to even $1 million in revenue.
