Discussion

• @buccocapital @buccocapital on x

  Man the sentiment on software as an investment here is pretty bombed out.  Some various thoughts from having spent a couple decades working in software: - This was the easiest market for a long time.  Greenfield opportunity everywhere - A few sub-problems flow from this.  A) That…

• @netcapgirl Sophie on x

  software management teams watching their stock crash [image]

• @samsolid57 Sam Badawi on x

  Even after a sharp selloff, several of these software stocks still trade at elevated valuations relative to their historical ranges. $CRWD 22.5x $SNOW 14.0x $DDOG 12.9x $ZS 10.8x $MSFT 10.7x $DT 5.7x $CFLT 5.6x $S 3.7x [image]

• @scottastevenson Scott Stevenson on x

  Software is about to go through the same transition that stock trading did when algorithmic traders entered the market.  AI will not be good for bootstrappers.  They will be wrecked like retail traders were.  There used to be many crevices of the market that large software compan…

• @conorsen Conor Sen on x

  Watching software stocks get destroyed, thinking about how Bill Gurley (?) said on a podcast last year that tech companies were just starting to find discipline on cost control and stock-based compensation when the AI boom kicked off. Might be delayed reckoning time.

• @sergeycyw Sergey on x

  Software stocks correction has been brutal.  Drawdowns from 52w highs 👇 $FIG Figma −78% $DUOL Duolingo −72% $HUBS HubSpot −63% $MNDY Monday −61% $TEAM Atlassian −61% $GTLB GitLab −53% $NOW ServiceNow −45% $ORCL Oracle −45% $IOT Samsara −45%...

• @bottleofstars @bottleofstars on bluesky

  I can't wait until 1-2 years from now when the giant SaaS apps like Premiere are at risk of being replaced too.  Their stocks are already cratering in anticipation of it