Why the 'SaaSpocalypse' Misses the Point —and What Actually Determines Which SaaS Companies Survive
The software sector has lost nearly $2 trillion in market capitalization over the past month. Salesforce, Adobe, and their peers are down 25% or more since January. Analysts have taken to calling it the "SaaSpocalypse"—a structural unraveling of the per-seat licensing model, triggered by AI agents that