Skeptical of the 'SaaSpocalypse'? Bill Gurley says you should channel your inner Warren Buffett and strike
Business Insider
February 25, 2026
AI-Generated Deep Dive Summary
Bill Gurley, a prominent venture capitalist at Benchmark Capital, recently offered insights into navigating the current challenges facing Software-as-a-Service (SaaS) companies amid concerns about AI disruption. He compared the current situation to past tech transitions, such as Facebook's post-IPO mobile app worries, and advised investors to view falling SaaS stock prices as an opportunity to buy low, echoing Warren Buffett's philosophy of investing during moments of panic. Gurley emphasized that while SaaS fears are widespread, many AI-native companies still rely on traditional software tools like Salesforce and Workday, suggesting there's value in these businesses.
Gurley also expressed concerns about the growing complexity of AI-related deals between tech giants and infrastructure providers, which he likened to past accounting scandals like Enron. He highlighted a recent deal between Meta and AMD as an example of intertwined interests that could raise red flags. Despite potential risks, Gurley remains optimistic about AI's role in boosting productivity and career growth. He referred to AI as "jet fuel" for professionals, enabling faster learning and skill development than ever before.
Gurley's comments underscore the dual nature of AI: while it poses challenges for legacy SaaS companies, it also offers significant opportunities for innovation and efficiency. His advice to investors and professionals alike is to stay calm, evaluate opportunities amidst market volatility, and leverage AI tools to enhance personal and professional growth. For those following business trends, Gurley's insights provide a balanced perspective on navigating both the risks and rewards of the current tech landscape.
For workers worried about job displacement due to AI, Gurley's optimistic view offers reassurance. He believes AI can accelerate skills and productivity, making it an invaluable tool for those willing to adapt. His emphasis on AI as "jet fuel" for careers aligns with his broader belief in the potential of technology to enhance human capabilities. For investors, Gurley's suggestion to channel Warren Buffett’s strategy during panic—buy low—is a practical approach to capitalizing on market downturns.
Gurley's perspective also highlights the importance of long-term thinking in business and investing. While he acknowledges the anxiety surrounding AI's impact, he encourages taking calculated risks and focusing on opportunities rather than dwelling on short-term challenges. His insights are particularly valuable for those interested in understanding how to thrive in an era of rapid technological change.
Overall, Gurley’s message is one of cautious optimism: while there are significant disruptions ahead, both for businesses and careers, the right strategies—whether investing wisely or leveraging AI effectively—can turn challenges into opportunities.
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Originally published on Business Insider on 2/25/2026