The death of SaaS has been greatly exaggerated

=== SUMMARY === - Post challenges the "SaaSpocalypse" narrative by citing seat-based revenue share rising from 65% (Apr 2025) to 76% (Apr 2026). - Author acknowledges the data may be skewed because AI companies also sell seat-based subscriptions, but overall argues SaaS decline is exaggerated. - Quality: Light data-driven commentary, not deep DD; more of a sector observation than rigorous analysis. === SENTIMENT === BULLISH === TRADE IDEAS === XLK - WATCH | confidence: 0.55 | sentiment: +0.3 Speaker: u/michahell Thesis: 1. THE FACT: Seat-based SaaS revenue share increased from 65% to 76% year-over-year. 2. THE BRIDGE: SaaS spending resilience supports broader tech sector demand and valuations. 3. THE VERDICT: Broad tech/SaaS exposure may deserve monitoring for a potential long entry. 4. RISKS: AI companies may be inflating seat-based numbers, making the data misleading. Timeframe: medium-term Key Points: - SaaS death narrative appears overstated. - Seat-based revenue growing despite AI fears. - No specific ticker named by author. - Use XLK as tech proxy for monitoring. - Watch for AI-driven data distortion.