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Return of the SaaS. 🟢 Asana up 38% 🟢 ServiceNow up 35% 🟢 HubSpot up 32%. This all happened during the la…
by Marcel Hollerbach · World of Commerce
Return of the SaaS. 🟢 Asana up 38% 🟢 ServiceNow up 35% 🟢 HubSpot up 32%. This all happened during the last 5 days.
People have been able to bake their own bread for decades... yet they still go to the bakery.
I think the real cost of creating and maintaining (!) your own internal software is slowly becoming visible. Furthermore, the true cost of tokens, which are still heavily subsidized, has not yet been passed on to companies.
Meanwhile, SaaS companies with a real moat maintain healthy margins (and can even expand them with the use of AI), retain their customer base, and keep shipping better and better products.
What do you think? Will SaaS stocks return to their old glory?