Are Software Companies Good Businesses?
Tom Tunguz
APRIL 21, 2024
For a period from December 9, 2009, to approximately March of 2016, technology companies produced nearly 5% free cash flow yields on average. But over two decades technology tops the list. There are times when other sectors yield more. And if AI fulfills anywhere close to its promise, we should expect that trend to continue.
Let's personalize your content