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AI is going to save software companies’ dreams of growth
Emerging price points for AI software will boost the TAM for technology products and help reaccelerate growth at tech companies big and small.
Around the same time, Scale Venture Partners reported that after several years of deceleration, early-stage software companies were expected to renew momentum in 2024. We’re still waiting on a host of smaller SaaS companies to report, but it does appear that 2023 ended on a better note than earlier in the year. AI is therefore serving as a near-term growth boost for tech companies while raising the ceiling for how big they can become over time.
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