+0.0
net board stance
what this means
8.73
-1.0% · close 2026-09-08
-6% / +16% / -37%
1m / 3m / 12m
-191%
vs SPY since 2021-02-20
34%
of 52w range · -42.6% off high
—
hit rate as primary
Where we stand — 0 live ideas
No active idea holds this ticker. Anything below is history.
Where the winds are blowing
NET BOARD STANCE, LAST 45 EPISODES —
rising = the besties are building this position, falling = abandoning it. Replayed from
score_events; an idea counts from birth until its window closes.
PRICE VS SPY OVER THE SAME WINDOW, % — did the
talk lead the tape or follow it?
Who's pushing which way
each voice's net push ON THIS TICKER — their most recent stance per idea × the idea's direction × strength, so supporting a bearish idea pushes down. Not conviction (that lives on the idea); this is direction of travel per person. what w= means
Track record on ASAN
No closed window has used this ticker as its primary play, so there is no scored record here yet. Adjacent plays are listed but never scored.
| idea | call | play | verdict | R | α | closed |
|---|---|---|---|---|---|---|
| 🤖 Bottom-up SaaS is the dominant mode of business software | ▲ LONG | adjacent | HIT | +23.7% | +10.0 | 2022-02-20 |
The tape — what was actually said
every capture on any idea holding ASAN, newest first · quotes verbatim, timestamps deep-link into the episode
Chamath
oppose ×2
▲ on
🤖 Bottom-up SaaS is the dominant mode of business software
E54 · 2021-11-06
▶ 13:14
I felt this when I was on the board of Slack. When Microsoft put its gun sights on us, we always thought that they could not outcompete with us. And what it turns out is, when you have a massive distribution advantage, feature parity is enough, and you can actually be slightly less than good enough on the features, because distribution and bundling and packaging overpower a customer's desire to adopt a product. ... the only real long-term protective solution for Slack shareholders was to basically get bought by Salesforce so that you could be part of a bigger whole. ... This past week, Microsoft decided to go after Notion, and it's going to be, I think, a very similar story, where, you know, once they decide to sort of go after this product experience, they only need to be 80% as good, and then the distribution and bundling and packaging will take care of the other 20%.
Sacks
support ×3
▲ on
🤖 Bottom-up SaaS is the dominant mode of business software
E23 · 2021-02-20
▶ 1:00:17
so I'm focused on the area of bottom-up SaaS, which is basically business software that can go viral, very much in the mold of Yammer, which was a company I founded and sold back a dozen years ago. ... I already came up with the idea 12 years ago, which is to make business software viral. I'm just going to keep investing in that thesis.