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Is AI CapEx Out of Control? + Bill Ackman’s IPO Failure
Prof G Markets
Beware the Dependence of Big Tech
Large enterprise SaaS companies, like CrowdStrike, often create a dependency that makes it challenging for clients to switch providers. This results in high retention rates, not solely due to product quality, but also because leaving their services can be a cumbersome process. Such businesses can grow too big, leading to a complex web of reliance on their technologies, ultimately restricting options for customers.
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