Creative destruction in practice. Older firms like Oracle / SAP reducing headcount, while newer firms are adding headcount with a net increase in high quality jobs.
- Enterprise software CEOs are more likely to come from Sales than their consumer counterparts.
- Enterprise software has more lock-in. Ones the market is saturated, their best financial move frequently is to milk the existing base rather than improve things. (This is why one should avoid long term contracts like the plague)