Interesting take on the current SaaS industry news cycle. Just saw that Stripe's John Collison pushed back pretty hard on all the doomsday predictions floating around about the software sector. Basically saying there's zero actual evidence that things are slowing down.

What caught my attention is how he framed it. The guy's pointing out that yeah, maybe people's expectations for 2030 or 2035 have shifted, but that's not the same as saying the SaaS industry is contracting right now. Current growth numbers still look solid across the board.

He did acknowledge one thing though - the market feels a bit jittery at the moment. Like there's this weird disconnect happening. The marginal cost of building software keeps dropping, which should be bullish for the sector, but market sentiment isn't necessarily reflecting that. Classic case of narrative lag maybe?

It's worth paying attention to because a lot of the SaaS industry news lately has been pretty bearish. Seeing someone like Collison come out and basically say 'the data doesn't support the pessimism' is a useful data point. Makes you wonder if some of this negativity is more about sentiment cycles than actual fundamentals.