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Markets2026-03-23 · source-backed

SaaSpocalypse by the Numbers: $285B Wiped, IGV ETF Down 22% YTD.

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TechCrunch's analysis documents $285B+ erased from software stocks, $2T lost between January 15 and February 14. The mechanism: when one AI agent-equipped user replaces five, per-seat pricing collapses at the unit economics level.

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SaaSpocalypse by the Numbers: $285B Wiped, IGV ETF Down 22% YTD. | MindPattern