'More stable than real estate': How software's reliable revenue started to crack
15 hours ago
- Software companies' once-reliable revenue streams, such as maintenance and support fees, are showing signs of instability.
- The cracking of stable revenue in software is being compared to volatility in real estate markets.
- Analysts are examining the implications for private credit, leveraged finance, and distressed debt markets.
- The shift raises concerns about the valuation and creditworthiness of software firms reliant on traditional recurring revenue models.