And with a suitably driven, intelligent, and business-savvy founder, it works [1]. The whole "software is eating the world" philosophy is based on the idea that it's better to go radically vertical and bring technology straight to the consumer rather than deal with the inefficiencies of enterprise sales.
[1] Kind of. The key here is "suitably driven, intelligent, and business savvy founder." Most technologists are not such - they not only don't know the domain, they don't care enough about it to learn. So there's been a bit of a pullback to traditional enterprise sales for SaaS businesses in the last couple years; many of the consumer markets that have not yet been revolutionized by big tech have pretty thorny barriers to entry that no technologist has yet found their way around.