This is a real thing in the world, and almost everyone underestimates how much of a thing it is.https://twitter.com/Austen/status/1260212525171277826 …
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People do not widely assume in the software industry that they would be able to name every legal firm with $10M in revenue, but they assume that every software company with $10M in revenue is on the top of HN or TechCrunch at least weekly, and that just isn’t true.
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The three things I think everyone in software should understand about this type of company: 1) Founding one is a lot easier than you probably model it as, and works out very well for founder. 2) Being an engineer at one is a package of subtle tradeoffs. 3) PE wants them *bad.*
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Replying to @patio11
What do you reckon is the average time a "could get a job as a SW engineer" person takes to go from start, to "provides the same revenue as a SW job", to "millions in profit"?
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Replying to @TimBeiko
Assuming one is an intermediate software engineer (would not recommend this to junior engineers even though they may be trivially hireable as a junior engineer), I’d say probably 18 months to white collar salary, 5ish years to
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Replying to @patio11
> even though they may be trivially hireable as a junior engineer What do you mean by this? "senior junior engineers"?
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So you can be hireable as an engineer without being able to ship software in an unsupervised fashion, right? That’s basically operating definition of “junior engineer.” I would not recommend junior engineers found B2B SaaS companies, and so excluded them from the timelines.
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