Has anyone seen termination charges for SaaS services?
SaaStr
MAY 11, 2019
Some older companies do this. We were just handed a bill like this for a 20+ year old SaaS product bought out by a PE firm. And really, an “auto-renew for another year without notice” clause can basically do the same thing. Threatening a customer that forgets about an auto-renew and has already stopped using you is sort of the same thing. You’ll be tempted to do a lot of things in the early days, especially.
Let's personalize your content