Weekly DaaS Roundup for July 12

NEWS AND READS

Bain Capital to Buy Envestnet in $4.5 Billion Deal by Collin Kellaher (WSJ)

BlackRock, Fidelity, Franklin Templeton and State Street are said to have committed to the deal as well. The real question is - what happens to Yodlee?

Gen AI. Too much spend. Too little benefit? Goldman Sachs

Slapping a wrapper on ChatGPT and calling it a company can’t be sustainable. GS interviews experts with views ranging from dismissive to optimistically cautious.

The 7 Powers and the Golden Path of Data Businesses - Jeremy Diamond

A summary of the competitive advantages of DaaS and a reminder to never rest on your laurels.

VC Funding rides to 2 year highs on the back of AI by Krystal Hu (Reuters)

🎧THE LATEST WOD PODCAST 🎧

Dr. Cialdini - The Art of Influence

The professor of influence and persuasion himself.

the World of DaaS channel continues to grow on YouTube - we are 20 odd shy of 25K subscribers. Become part of the first 25K!

TELL US WE’RE WRONG

The 54 Publicly Traded DaaS Companies

We scoured the world’s markets only to find 54 publicly traded companies we would classify as DaaS. Tell us what we missed in the comments below.

M&A AND FUNDING

RANDOM ART(TIFICIAL HALLUCINATION) OF THE WEEK