This is *very much a thing*, particularly in networks where the business technology of B2B SaaS is well understood and where some participants are 3+ years down the curve from other participants.
To quote someone: "What am I going to do [with profits], buy apartment buildings?"
To quote someone: "What am I going to do [with profits], buy apartment buildings?"
I expect to see a further expansion of this into "You did B2B product/sales/marketing/etc at a peer firm? For N years? I'm going to call your boss, and if I don't get back 'is an axe murderer' here's $500k."
"Why?"
Because B2B SaaS is, like enterprise software before it, essentially a solved playbook. The companies are extremely capital efficient to start, have high quality options for growth or exit, and throw off mountains of cash unless you're aggressively reinvesting in growth.
Because B2B SaaS is, like enterprise software before it, essentially a solved playbook. The companies are extremely capital efficient to start, have high quality options for growth or exit, and throw off mountains of cash unless you're aggressively reinvesting in growth.
And while there is execution risk, because there is no business that doesn't have execution risk, you can pretty much throw a dartboard at the economy of the United States to find a sector. If that sector has white collar employees, it will buy billions of dollars of software.
