75 – The SaaS Apocalypse: Why AI Broke the Software Business Model

75 – The SaaS Apocalypse: Why AI Broke the Software Business Model

From Tech Deciphered by Bertrand Schmitt & Nuno G. Pedro

March 23, 2026 · 58 min

About this episode

The episode discusses the challenges faced by the SaaS industry due to the rise of AI and its impact on the software business model.

The SaaS multiples run was long, but it had to come to an end. Or Had it? Navigation: Intro Setting The Scene The Roots — This Didn’t Happen Overnight The Structural Thesis — Why This Isn’t Just A Sell-Off The Private Market Fallout The Bull Case — Is The Market Wrong? Separating The Wheat From The Chaff — Who Survives? Wrap-Up & Key Takeaways Conclusion Our co-hosts: Bertrand Schmitt, Entrepreneur in Residence at Red River West , co-founder of App Annie / Data.ai , business angel, advisor to startups and VC funds, @bschmitt Nuno Goncalves Pedro, Investor, Managing Partner, Founder at Chamaeleon , @ngpedro Our show: Tech DECIPHERED brings you the Entrepreneur and Investor views on Big Tech, VC and Start-up news, opinion pieces and research. We decipher their meaning, and add inside knowledge and context. Being nerds, we also discuss the latest gadgets and pop culture news Subscribe To Our Podcast Introduction Nuno Goncalves Pedro Welcome to Episode 75 of Tech DECIPHERED, the SaaS Apocalypse: Why AI Breaks or has Broken or Broke the Software Business Model. In today’s episode, we will talk about what’s been going on in SaaS. SaaS, also known as Software…

People in this episode

Hosts: Bertrand Schmitt, Nuno Goncalves Pedro

Topics covered

  • SaaS
  • AI
  • software business model
  • market analysis
  • investing

Keywords

  • SaaS
  • AI
  • software market
  • business model
  • investing

Mentioned in this episode

Organizations: Red River West, App Annie, Data.ai, Chamaeleon

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