/Tech9h ago

Thoma Bravo founder Orlando Bravo says the SaaS downturn is over and 60% of portfolio code is now machine-generated

Prior predictions of 50% job losses from LLMs did not materialize.

151541712477K

#264

Original post

Marc Benioff#264

Marcelo P. Lima@MarceloLima

Orlando Bravo: "The SaaSpocalypse is over... AI is an enormous, enormous tailwind for software companies... I was here last year at Super Return, and I think one of the LLM leaders made a comment that by this year, 50% of all white-collar jobs are going to be gone. And somebody in private equity made a comment that 50% of the people in this conference wouldn't have a job by next year. And look at the conference. You even had security outside. There's more people here than ever before... Our companies, 60% of the code that they write is machine-generated. But our number of developers, we have 20,000 of them, they're going up because now they can be a lot more productive."

9:04 AM · Jun 9, 2026 · 64K Views

/Tech9h ago

Thoma Bravo founder Orlando Bravo says the SaaS downturn is over and 60% of portfolio code is now machine-generated

Prior predictions of 50% job losses from LLMs did not materialize.

151541712477K

#264

Original post

Marc Benioff#264

Marcelo P. Lima@MarceloLima

9:04 AM · Jun 9, 2026 · 64K Views

Sentiment

Positive users welcome AI ending the SaaSpocalypse as it boosts software TAM and developer productivity with potential gains for MSFT, while negative users worry MSFT's role creates structural risks in the rally.

Pos

75.0%

Neg

25.0%

4 comments with sentiment.

Cluster Engagement

Posts from X

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Alexa Web3 (e/acc)@alexabelonix

@MarceloLima keep it up.

5h132

BOOKMARKS1LIKES1RETWEETS1

Ronie@RonieJet

@CNBC SaaS downturn narrative may be flipping to AI growth.

9h3011

REPLIES1

Pulse and Profit@pulseandprofit

@CNBC Hopefully some good news for $MSFT

9h120

Raymond Rendalsvik@RRendalsvik

@CNBC Interesting

9h65

Volodymyr Pavlenko@mindinpanic

@CNBC everyone called saas dead and now the pe guys are saying 'actually we were just clearing inventory'

7h30

Benoni@Baratariabay

@pulseandprofit @CNBC Unfortunately msft is an important part of funding the rally, it’s part of a big structural short and there’s nothing that can be done while retail hates it. Could stay in this range the rest of the year

9h25

Inflectiv AI ⧉@inflectivAI

@CNBC If AI can drive measurable productivity gains, software companies may enter a new growth cycle rather than the slowdown many feared.

9h23

Vinay Narayan@vinnaray

@MarceloLima This is a contrarian view that’s right. TAM for good software has gone up an order of magnitude.

2h10