Let’s see. Now someone is going to tell me that Shopify (ecommerce), Twilio (communications), Alteryx (making data analysis easy), and Nutanix (whatever odd thing they do) are all in the same field because they all lease software instead of selling it outright. Really? Oh my, I should be scared!
Saul
Very good point, Saul. Just because companies might have similar SaaS business models does not necessarily mean they are heavily correlated.
Software and data are simply far, far more large a part of the 2018 economy than they ever have been at a prior point in history. Computing power is not going away. The Internet is not going away. Horses and buggies aren’t making a comeback.
Lumping all companies together because of their business model with recurring revenues would be a mistake of an oversimplification.
volfan84
Long SHOP, AYX, & NTNX; no Twilio position