Mike Andes argues that lawn mowing and gutter cleaning beat software startups because grass keeps growing and gutters keep clogging. SaaS valuations have dropped 50-70% amid AI hype, while home-service businesses offer steadier, more predictable revenue. Software founders are quietly moving into these unglamorous businesses.
Chapters
Everyone needs their lawn mowed. Everyone needs their gutters cleaned out. Everyone needs pressure washing. Demand is like, it's there. Assuming you're in a decent market, assuming, you know, what we talked about in terms of having the customers that can afford these services, like the demand is there. And as long as the grass keeps growing, I have a job. The fact, especially with AI, I think even with valuations of software and what it's looking like now, it's the reliability that income has become less and less. And that's why I think it's so interesting when I look at home services, the reliability that I will continue to mow grass and make money from it is actually higher than whether or not in 5 or 10 years AI is going to be doing all this for me in terms of software. And this is why valuations are down 50, 60, 70% across SaaS. Um, and I find that very interesting to even the fact that your, your friends that were in software are moving to home services. And many times when you see that trend, it's people are chasing the highest quality revenue. And for so long people were chasing software because it's, oh, it's sticky, it lasts forever. You get a 50 50 times on your annual recurring revenue in terms of valuation, and that's just not happening anymore. So