Salesforce at 3.1x ARR, HubSpot Down 56%, Adobe at 11x Earnings: Are They Just Too Oversold Now?

Four months ago the market decided B2B software was dead. In a 48-hour stretch in February, roughly $285 billion in software market cap evaporated. The trigger was the fear that AI agents would make per-seat licensing obsolete, that the entire model of charging companies for seats their employees wo…

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