What is considered good profit margins for a SaaS company, and I guess more “Custom AI SaaS” that I assume most of us are trying to start.
Right now my profit margin is like 30%, I think maybe that’s a little too low for how I’ve priced things. Reading up on it I found a lot of more mature SaaS businesses are around 70-80%, my company has been around for a month so I figure 30% isn’t too bad?
People who have been around longer in SaaS , what are your thoughts around what a SaaS typically has to have for gross margin to be truly attractive to investors?