The SaaSpocalypse is over - 50k+ in gains on SaaS Names

RIP the SaaSpocalypse. SaaS has had a rough couple months with IGV drawing down 36% from Oct 2025 to April 2026. Absolutely indiscriminate selling with no-one able to escape it no matter the fundamentals. Textbook over reaction. Heres the reality: Fundamentals and earnings are still strong for alot of SaaS companies. Fears about reductions in total seats are overblown - Most of the companies firing people are the ones incinerating cash and looking for ways to compensate(ie META). And generally I see AI as a