To clarify, their revenue isn't getting slashed by 2/3rds as Bass implies. Autocad perpetual license + 3yr support = $6000. Annual subscription price is $1700 (

To clarify, their revenue isn't getting slashed by 2/3rds as Bass implies. Autocad perpetual license + 3yr support = $6000. Annual subscription price is $1700 (or $2500 if paying monthly). So revenue over 3 years is a little lower. Of course he doesn't say how many customers are forced into a subscription who don't get maintenance on some/all seats or don't always upgrade.