SaaS incumbents like Duolingo are undervalued after market overreaction to AI disruption. Established companies have elite teams, strong switching costs, and the resources to leverage AI to improve products and expand market share with existing customers. Organizational adoption of new tech stacks is slow, giving incumbents time to adapt.
At post $103.45·Now $151.14+46.1% since postedas of Sep 14, 4:30 PM ET
ServiceNow triple-beat earnings combined with stock decline reveals fundamental disconnect; SaaS incumbents are undervalued. AI disruption concerns are overblown as organizational tech stack transitions take time and new competitors lack the brand, resources, and switching costs that favor incumbents.
At post $90.17·Now $142.35+57.9% since postedas of Sep 14, 4:30 PM ET
SaaS incumbents like Atlassian are undervalued after market overreaction to AI disruption. Established companies have elite teams, strong switching costs, and the resources to leverage AI to improve products and expand market share with existing customers. Organizational adoption of new tech stacks is slow, giving incumbents time to adapt.
SaaS incumbents like Adobe are undervalued after market overreaction to AI disruption. Established companies have elite teams, strong switching costs, and the resources to leverage AI to improve products and expand market share with existing customers. Organizational adoption of new tech stacks is slow, giving incumbents time to adapt.
At post $245.44·Now $265.60+8.2% since postedas of Sep 14, 4:30 PM ET
SaaS incumbents like Hubspot are undervalued after market overreaction to AI disruption. Established companies have elite teams, strong switching costs, and the resources to leverage AI to improve products and expand market share with existing customers. Organizational adoption of new tech stacks is slow, giving incumbents time to adapt.
SaaS incumbents like Salesforce are undervalued after market overreaction to AI disruption. Established companies have elite teams, strong switching costs, and the resources to leverage AI to improve products and expand market share with existing customers. Organizational adoption of new tech stacks is slow, giving incumbents time to adapt.
At post $178.16·Now $259.43+45.6% since postedas of Sep 14, 4:30 PM ET
SaaS incumbents like Intuit are undervalued after market overreaction to AI disruption. Established companies have elite teams, strong switching costs, and the resources to leverage AI to improve products and expand market share with existing customers. Organizational adoption of new tech stacks is slow, giving incumbents time to adapt.
At post $395.95·Now $339.15-14.3% since postedas of Sep 14, 4:30 PM ET
SaaS incumbents like Monday are undervalued after market overreaction to AI disruption. Established companies have elite teams, strong switching costs, and the resources to leverage AI to improve products and expand market share with existing customers. Organizational adoption of new tech stacks is slow, giving incumbents time to adapt.
At post $65.87·Now $96.11+45.9% since postedas of Sep 14, 4:30 PM ET
Invested $2m into SaaS today. This is the portfolio.
ServiceNow beat earnings on revenue, profits, and guidance but the stock declined anyway, suggesting the market mispriced the results and the thesis is that most investors didn't read the earnings call or understand the positive fundamentals.
At post $90.17·Now $142.35+57.9% since postedas of Sep 14, 4:30 PM ET