[rcarrigan87]

Seems like this trend is only starting to begin...

https://earnestcapital.com/investment-memo-fund-2/

[hogFeast]

Yep, that is what everyone thinks at the top. The smart money is in cash and will buy out the "long-term/trend to infinity" crowd at the bottom.

[pklee]

Very interesting article on earnest and very well done. The author seems to argue that there is a bond like investment instrument that SaaS are starting to become. The S curve the author talks about is a continuum in my limited observation. There are companies at EVERY ONE OF THOSE points i.e. in the past as well as in the future there are commodity companies. It is not clear to me why he target SaaS to be that.