What the hell, SaaS valuations?

What the hell, SaaS valuations?

on Friday
Anonymous $-9GJQVHNr8

https://techcrunch.com/2020/05/22/what-the-hell-saas-valuations/

SaaS stocks are at it again, and I think I’ve got it figured it out.

More precisely I think I’ve figured out what other people think is going on. After rigorous fact-checking by both reading tweets, making VCs talk to me on the phone, and chatting with the CEO of a $27 billion cloud company this morning, it all makes sense.