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The 'SaaSpocalypse' is over, says private equity giant Thoma Bravo. Here's why it sees an AI boom for software
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- The "Saa Spocalypse" is over, and AI now offers software companies an "enormous tailwind," the founder and managing partner of private equity giant Thoma Bravo has said.
- But Orlando Bravo, founder and managing partner of Thoma Bravo, told CNBC that saying investors are underestimating software companies' ability to adapt.
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The "Saa Spocalypse" is over, and AI now offers software companies an "enormous tailwind," the founder and managing partner of private equity giant Thoma Bravo has said.
Software-as-a-Service stocks came under pressure in February, when Anthropic triggered a rapid sell-off by unveiling advanced AI tools for its Claude co-working agent, fueling investor fears of a "SaaSpocalypse" for the sector.
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