SaaSpocalypse confirmed to be one of the dumbest ideas of the year?

Earlier this year, a lot of people were convinced that AI would make enterprise software worth basically zero.

I kept asking the software bears one simple question: who is actually taking the market share? I never really got a real answer. Why? Because it never happened.

And the bears already got a big warning in May, many cybersecurity stocks just doubled in a month.

You can’t really believe AI is going to make all software worthless while also believing cybersecurity +SNOW + DDOG are suddenly an AI winner. After all, they are still softwares.

Even though this feels really dumb, these bears have created a generational buying opportunity. I hope people have taken that. And to softwares bear, hope you learn the lesson