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CROSS-CATEGORY: Wall Street Consensus Forming — Goldman, Wedbush, Burry, and Jefferies All Say SaaSpocalypse Overcorrected Toward Usage-Based Survivors
A rare Wall Street consensus is forming around the SaaSpocalypse narrative: Goldman CEO Solomon called the sell-off 'too broad,' Wedbush's Dan Ives labeled the carnage a 'generational buy' for Salesforce and ServiceNow, 'Big Short' investor Michael Burry turned bullish on software after 'accelerated extreme declines,' and Jefferies' Brent Thill said 'the concept that software is dead is over-exaggerated.' The consensus pick: companies successfully transitioning to usage/outcome-based pricing (ServiceNow 50% usage-based, Atlassian AI credits +20% MoM, Figma consumption-based AI) will be the survivors.
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