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Let's go back 5 years to May 2016 The markets are panicking. SaaS stocks are down 50%+. The mood is gloomy. Very gloomy. LinkedIn sells in a fire sale to Microsoft for 7x ARR a month later. And then they, & everyone else, go on to the most epic run in the history of software↗

·@jasonlk·May 11, 2022·essay·linkedin·microsoft·saas·software-growth