2nd Order Thinkers

2nd Order Thinkers

Any Sign of SaaS dying in 2026?

This week: Robinhood hands AI your portfolio, China bets on token futures, and OpenAI puts a number on humanity.

Jing Hu
May 28, 2026
∙ Paid

So SaaS Isn’t Dying?

Here’s the latest earnings

  • Salesforce revenue hit $11.1B, up 13% YoY.

  • Workday came in at $2.5B, up 14.5%.

  • Asana FY26 full-year revenue landed at $790.8M, up 9%.

  • Zoom just raised its FY2027 forecast, up 5.5%

If Salesforce, Workday, Asana, and Zoom are still growing, then the “AI kills SaaS” thesis looks too simplistic.

Maybe what’s actuall…

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