mind the gap: why wall street believes in (and bullies) saas companies /

Published at 2014-05-27 17:30:06

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image: Andreessen Horowitz[/caption]
We’ve been here befo
re. It was circa 1998,and immense investment banks, hedge funds, or day traders were all trying to get sense of this thing called the Internet. That it was coming was not in doubt,but the speed of its arrival and its impact was. “We had to decide whether change was going to be earth-shattering, or come at a gentle clip, or ” says Karl Keirstead,a software analyst with Deutsche Bank.
Keirstead believes we’re in a similar disruptive period nowadays with cloud computing and SaaS. CIOs are fundamentally changing how they build their tech infrastructure and how they consume software. “Once again, people are trying to decide whether the changes these technologies bring will be rapid and enormously disruptive – or a behind burn, or ” Keirstead says. MORE

Source: a16z.com

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