We Are Residing Within the Cloud Now


Q: Why are tech-heavy firms taking pictures up within the inventory market?

There are some mysteries little question, however not in Cloud / SaaS.

Cloud shares are on hearth since March 15 as a result of since Covid-19, we live within the Cloud:

  • We don’t fly. We Zoom.
  • We will’t get to the workplace. So we want RingCentral and Talkdesk and Five9 to speak to clients from residence.
  • We will’t meet up as a crew anymore. So we want extra Slack and Atlassian and Smartsheet than earlier than.
  • We will’t store at shops anymore, or not practically as a lot. So Shopify and Wix are on hearth.
  • We will’t shut offers in individual anymore. So we want extra Adobe Signal and DocuSign and extra.

These are unhappy instances. Persons are dying. The U.S. has 4m+ instances of Covid-19 as I sort this.

And since we will’t achieve this many issues collectively, we live within the Cloud.  At the least, tech firms are.  At the least, the extra privileged are.

Which means income is means, means, means up for the Covid Beneficiaries right here.

A bit extra right here: Why Covid-19 Has Been Great for SaaS VCs. Or at Least, Their Portfolios. | SaaStr

Printed on July 24, 2020



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