Zortix matched this thesis to Technology ETFs as one way for retail investors to get exposure. Not a recommendation.
Public software valuations are in an indiscriminate trough
The guest argued the software sector is being bucketed indiscriminately by the market, but separation is coming as AI impacts companies differently, with some trading at overly depressed multiples like three times cash flow.
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The story so far
CONTESTED · 54 MENTIONS · 42 EPISODES · 21 SHOWS
25 SEP 2025 — 13 AUG 2026 · 5D AGO
25 SUPPORT · 15 CHALLENGE · 1 UPDATE · 2 REPEAT · 11 MENTIONED
- THE DERIVATIVE
35 EPISODES BETWEEN · 46 MENTIONS
- PLANET MICROCAP PODCAST
- THE JULIA LA ROCHE SHOW
- AFFORD ANYTHING
- ALL-IN WITH CHAMATH, JASON, SACKS & FRIEDBERG · 2 MENTIONS
- WHAT BITCOIN DID
- THE COMPOUND AND FRIENDS · 2 MENTIONS
- ANIMAL SPIRITS · 2 MENTIONS
- YET ANOTHER VALUE PODCAST · 2 MENTIONS
- ANIMAL SPIRITS
- THE ACQUIRERS PODCAST
- THE COMPOUND AND FRIENDS
- THE COMPOUND AND FRIENDS
- ANIMAL SPIRITS
- FORWARD GUIDANCE
- ALL-IN WITH CHAMATH, JASON, SACKS & FRIEDBERG
- YET ANOTHER VALUE PODCAST
- THE COMPOUND AND FRIENDS
- MONETARY MATTERS WITH JACK FARLEY
- PLANET MICROCAP PODCAST
- ANIMAL SPIRITS · 3 MENTIONS
- GOLDMAN SACHS EXCHANGES · 3 MENTIONS
- THE TWENTY MINUTE VC
- GOLDMAN SACHS EXCHANGES
- THE TWENTY MINUTE VC
- THE COMPOUND AND FRIENDS
- ALL-IN WITH CHAMATH, JASON, SACKS & FRIEDBERG · 2 MENTIONS
- THE LONG VIEW
- ALL-IN WITH CHAMATH, JASON, SACKS & FRIEDBERG · 2 MENTIONS
- THE COMPOUND AND FRIENDS
- MONETARY MATTERS WITH JACK FARLEY
- FORWARD GUIDANCE
- THE MEB FABER SHOW
- THE POMP PODCAST
- THE COMPOUND AND FRIENDS
- BARRON'S STREETWISE · 2 MENTIONS
- THE TWENTY MINUTE VC
- Public software valuations are in an indiscriminate trough · THIS IDEA
- ANIMAL SPIRITS
- YET ANOTHER VALUE PODCAST
- THE BUSINESS BREW · 2 MENTIONS
- CNBC FAST MONEY
- WE STUDY BILLIONAIRES - THE INVESTORS PODCAST NETWORK
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD