Investing Quote by Stephen O’Grady

“It is a paradox that the economic value of software is falling even as its strategic value rises, and paradoxes are by definition challenging…

— Stephen O’Grady

“The free market, in its widest libertarian sense including all un-coerced activity whether trade or gift, can produce perpetually increasing software wealth for everyone.”

— Eric S. Raymond

“In fact, it has become increasingly profitable not to innovate. Imagine just how much progress we’ve missed out on because thousands of bright minds…

— Rutger Bregman

“In other words, some of the biggest software firms aren’t considered software firms because they’re making money with software, not from it. Their software…

— Stephen O’Grady

“Investors are still thinking through the consequences of reinventing the software industry as one with an explicit focus on service rather than closed intellectual…

— Eric S. Raymond

“When commercializing disruptive technologies, they found or developed new markets that valued the attributes of the disruptive products, rather than search for a technological…

— Clayton M. Christensen

“We assume that multimillion-dollar companies are turning big profits, but it’s rare to find a truly profitable business.”

— Mike Michalowicz

My own theory is that we are in the middle of a dramatic and broad technological and economic shift in which software companies are…

— Marc Andreessen

“In such a climate, the more appropriate way to think of software is as an organizational asset: nothing more and nothing less. Looking at…

— Stephen O’Grady

Software is eating the financial services industry. We have a large addressable market for PayPal to play in.

— Dan Schulman

“Even at a cost of $100,000, a purchased piece of software is costing only about as much as one programmer-year. And delivery is immediate!…

— Frederick P. Brooks Jr

In software and many other online markets, even dominant firms face potential threats because of the low costs for competitors to enter those markets.…

— Marvin Ammori