Yext CEO Michael Walrath - Software Consolidation and Convergence
"World of DaaS"
Profitability and Growth in Software Companies
This chapter examines the changing landscape of software company valuations and highlights the critical importance of profitability over mere growth. It discusses the challenges faced by firms amid a slow down in growth rates and evolving investor expectations, while reflecting on historical trends in management and resource allocation. The speakers advocate for a balanced approach to sales and operational efficiency as key strategies for navigating a competitive market and ensuring long-term success.
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