SaaS

“Think about technology investors, huge focus on SAS, huge focus on all things AI. And huge de-emphasis of consumer based internet businesses. And so I think that's actually a pretty interesting opportunity where one can be contrarian and we continue to see int…”

“So I have a firm believer in the best quality technology companies. One may at different points in time have to be aggressive on valuation and pay more. But it will be a long-term win. So that's where the aggressiveness comes in. As opposed to thinking, well, …”

“There was a lot of fear when we did, I'd say internally, because you have this like beautiful business model that's working really well. And everyone's a little freaked out that it's like, well, are people going to be willing to pay for it? Is it going to hurt…”

“The advancements of SAS and cloud are Tiny compared to the advancements of what AI is going to do”

“Well, just, you know, private credit they're in pain from these SaaS loans. And however much they're marked down, they probably need to be marked down more.”

“This era of high gross margins being the norm is just going to go away. And what's going to make up for it, I think is lower gross margins, much thinner net margins and just much more scale.”