Recession bets?

what's the most recession proof SaaS vertical? 

I'd imagine selling physical goods/shipping could still be good but curious about your thoughts under the saas umbrella. 

if you're wondering, yes, I did just read the Bloomberg article that projected a 100% chance of a recession over new 12 mo.
🧠 Advice
☁️ Software Tech
17
NotCreativeEnough
Big Shot
5
Professional Day Ruiner
cyber security would be the closest to safe.

It's also easy to say there's a 100% chance of a recession when we are literally already in one lol.
jefe
Arsonist
0
🍁
Nothing is recession proof, but cyber is probably your best bet.
UghHereWeGo
Member
0
Uber Eats Driver
I work in the industry. It’s not exactly recession proof I have a connection that collects data on vendors. Growth is slowing and many are declining.
SoccerandSales
Big Shot
4
Account Executive
My first thought is nothing is recession-proof and that everyone will get affected in some way, whether large or small
CuriousFox
WR Officer
4
🦊
I mean, nothing is safe. 🤷‍♀️
I_LOVE_WINE
Executive
3
Enterprise AE
Cloud or Cyber Security comes to mind. And we already had a recession, the WH just didn't want to call it one. There will be another one for sure in 2023. Look for verticals that are recession proof to sell into as well. Gov and Healthcare, etc.
HappyGilmore
Politicker
2
Account Executive
Nothing is safe but have to think the enterprise level/focused companies will be somewhat stable.
Kosta_Konfucius
Politicker
1
Sales Rep
Nothing really, but I would assume selling to Enterprises will be slightly more stable
Gasty
Notable Contributor
1
War Room Community Manager
Procurement SaaS perhaps? At its heart, procurement is still about cost savings. No better story to tell during a recession.
tightlines
Politicker
1
Account Executive
All I know is, every company probably says they're recession proof and I dont believe them
Sunbunny31
Politicker
1
Sr Sales Executive 🐰
I don’t have the answer. Nothing is truly “safe”.

I’m optimistic that this won’t be as dire as we fear.
Diablo
Politicker
0
Sr. AE
Can’t think of any under SaaS umbrella - you need everything but you don’t need everything
SADNESSLieutenant
Politicker
0
Officer of ♥️
cybersecurity.
KingofGIF
Politicker
0
AE
Almost nothing is safe anymore. VC funding caused an industry of circle jerk where most tech companies sell to tech companies
Killebrew
Valued Contributor
0
VP
Haircuts, the entertainment industry, and the Mafia. That's it.
1nbatopshotfan
Politicker
0
Sales
Smashing your number. That’s the best bet.

Believe that Goldman has said no recession, so that’s intriguing.
BourbonKing
Valued Contributor
0
VP of Sales
During a recession, people and companies cut back on discretionary spending. Some things, however, are considered essential and don't get cut: utilities, healthcare, and consumer staples. Any SaaS solution that are integral to these industries should hold up best during a recession.
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