It’s wild to see Salesforce pivoting so hard toward Agentforce while trying to shake off that "SaaSpocalypse" label.
Do you think the $50 billion buyback is a genuine sign of confidence in their AI growth, or is it more of a defensive move to keep shareholders happy while organic growth stabilizes?
I’ve subscribed and would be happy to support each other. :)
Marc Benioff is the type of CEO to respond loudly to how his shares are doing and what the market thinks of his company.
The fact that they've rebranded every business segment to include Agentforce should tell you enough. But I don't think it's without merit; Agentforce is growing at an incredible pace.
The $50 billion buyback is in my opinion a vote of confidence, something to back up what management is saying. At these prices I like it.
I think their switching cost moat is substantial enough to hold off AI disruption for a few years, but they definitely need to accelerate their transition to avoid over-relying on subscription revenue.
I just wrote a piece about the keys that SaaS companies need to stay antifragile right now. I think it ties in with your points. If you're interested, I'd love your feedback. Thanks!
It’s wild to see Salesforce pivoting so hard toward Agentforce while trying to shake off that "SaaSpocalypse" label.
Do you think the $50 billion buyback is a genuine sign of confidence in their AI growth, or is it more of a defensive move to keep shareholders happy while organic growth stabilizes?
I’ve subscribed and would be happy to support each other. :)
Jorrit
Marc Benioff is the type of CEO to respond loudly to how his shares are doing and what the market thinks of his company.
The fact that they've rebranded every business segment to include Agentforce should tell you enough. But I don't think it's without merit; Agentforce is growing at an incredible pace.
The $50 billion buyback is in my opinion a vote of confidence, something to back up what management is saying. At these prices I like it.
I think their switching cost moat is substantial enough to hold off AI disruption for a few years, but they definitely need to accelerate their transition to avoid over-relying on subscription revenue.
I just wrote a piece about the keys that SaaS companies need to stay antifragile right now. I think it ties in with your points. If you're interested, I'd love your feedback. Thanks!