I’ve written in the past that I think returns for SaaS won’t be as attractive over the next decade. This view is focused on enterprise software. I am more bullish on SMB SaaS, primarily on vertical-specific players which I will discuss below. Vertical Aggregation
thank you for this piece - i’ve been thinking a lot recently about the vulnerabilities of one of the VMS players you reference above and the market opportunity for a SMB focused competitor in the space and your writing has helped clarify that thesis
Vertical Aggregation
thank you for this piece - i’ve been thinking a lot recently about the vulnerabilities of one of the VMS players you reference above and the market opportunity for a SMB focused competitor in the space and your writing has helped clarify that thesis