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GTM AI Podcast & Newsletter

Signal vs. Noise

The Software Meltdown Nobody Wants to Talk About

J Moss's avatar
J Moss
Mar 19, 2026
∙ Paid

Let me show you something uncomfortable.

Pull up almost any SaaS stock chart right now. Scroll through the list. Figma down 76% from its 52-week high. Trade Desk down 74%. Duolingo. HubSpot. Monday. Atlassian. The names go on and on—and almost every single one is a bloodbath.

Someone shared a “Software Meltdown” tracker on Twitter recently—35+ public SaaS…

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