Discussion

• @divestech Dan Ives on x

  This software Armageddon sell-off unlike anything I have seen in 25 years...the market is treating this sector and stalwarts like Salesforce and ServiceNow like they are structurally broken business models due to AI...we strongly disagree with this narrative @BloombergTV 🎯👇📺 [ima…

• @thestalwart Joe Weisenthal on x

  Kind of incredible. Reading through the Blue Owl earnings call, how different what they're saying is vs. how the market is behaving. [image]

• @thestalwart Joe Weisenthal on x

  The selloff in everything that is not canned soup is relentless

• @asymco Horace Dediu on x

  Apple overtook Google and Microsoft for second highest market cap and is 4% below #1 Nvidia.  Of course, none of this is permanent and you should not read much into market cap.  Don't forget that Apple pours out tens of billions in market cap to its shareholders every quarter and…

• @afinetheorem Kevin A. Bryan on x

  Market signal: many of the best folks at AI labs that have left for their own thing recently are working on AI for science. (Also, “hobby is hiking in wilderness for weeks” is a very positive signal as well, as far as I'm concerned! Good luck!)

• @thestalwart Joe Weisenthal on x

  US stocks outperforming the rest of the world has been one of the strongest investing themes for years. It peaked in December 2024, right after Trump's win. [image]

• @marcelolima Marcelo P. Lima on x

  “AI” is software and it's becoming just another “Lego brick” for SaaS companies, much like S3 or EC2 instances “Gemini is becoming the AI engine for the world's most successful software companies” [image]

• @garrytan Garry Tan on x

  Software is not dead. SaaS without agents may suffer, but Agent SaaS is alive, well, and winning

• @jaykreps Jay Kreps on x

  Dirty secret: most “AI startups” are just SaaS companies.

• @taliagold Talia Goldberg on x

  SaaS index down 32% YoY despite most companies meeting or beating plans, all while the markets are up ~15%. Market fear of uncertainty and AI agents eating SaaS is wild. [image]

• @arampell Alex Rampell on x

  “The Software Clone Wars of 2004” History doesn't repeat, but it rhymes Before SaaS, and before freemium, there was “shareware” — try before you buy software. This was a concept dating back to the 1980s, where software would be freely distributed on floppy discs attached to PC

• @sarthakgh Sar Haribhakti on x

  Ben Thompson: “....the real risk I see for software companies is the fact that while they can write infinite software thanks to AI, so can every other software company. I suspect this will completely upend the relatively neat and infinitely siloed SaaS ecosystem....” [image]

• @qualityinvest5 @qualityinvest5 on x

  Generational buying opportunity in SaaS but I have no cash [video]

• @mikeeisenberg Michael Eisenberg on x

  With the SAAS meltdown fully underway and the MBAs who “pulled the model forward” and thought SAAS was a bond, rethinking their high business school tuition, I thought I would share two lines from our annual letter to LPs that went out on January 2nd, 2026. [image]

• @arpitrage Arpit Gupta on x

  Nice post at @stratechery interpreting the SaaS disruption: - demand for *software* still goes up a lot - but the moats and pricing power in SaaS are disappearing. - nice analogy to newspapers and AI code ~ user generated content https://stratechery.com/... [image]

• @tmt_jack_ @tmt_jack_ on x

  Owning SaaS right now feels like being on the Epstein files

• @forgebitz Klaas on x

  “saas is dead” - someone who's never stepped foot in a company with more than 7 people

• @jasonrshuman Jason Shuman on x

  Agents set to exceed SaaS revenues real quick [image]

• @litcapital @litcapital on x

  SaaS investors in the 2010s vs SaaS investors in 2026 [image]

• @jukan05 Jukan on x

  I seriously don't get why Anthropic is out there begging investors for money. Just short a bunch of SaaS companies, then casually add their entire feature set to Claude.

• @tbpn @tbpn on x

  Box CEO @levie 's defense of software over vibe-coded, n-of-1 internal tools: “If you're Ford, and you're doing your supply chain on an ERP system, you want that to work the exact same way every single time.”  “The billions of transactions going through that ERP system, you canno…

• @stevesi Steven Sinofsky on x

  Wall Street's idea that a software pure play will “vanish” into an LLM is “nonsense”: we need more software, and AI-enabled software moves up the product stack