The biggest limiting factor is user acquisition. Just because you can build a competitor in a weekend doesn't mean you can easily acquire a user base. it's dam hard to get users even if your product is twice as good and your giving it away for free!
The implied risk isn't more SaaS competitors, it's that B2B SaaS consumers will just code up their own product instead of going with a SaaS vendor.
The implied risk isn't more SaaS competitors, it's that B2B SaaS consumers will just code up their own product instead of going with a SaaS vendor.