If you ever interview with the technology group of an investment bank, or perhaps a buyside firm that invests in technology companies, you’ll probably need to know how SaaS companies works. For those who aren’t familiar, “SaaS” stands for “software as a service” and refers to software companies that charge their customers using a recurring subscription model (as opposed to a one-time upfront fee). Because of how popular this business model has become within the software industry, combined with the uniqueness of its business model from a financial standpoint, it has become a popular interview topic. Here me coach one of our students on the difference between a SaaS company other “normal” companies. Book a Virtual Coffee Chat with an Upperclassmen Who Secured an Offer: wallstmastermind.com/apply?utm_source=podcastep232

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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