It does, as OP mentioned, they’re making money doing it and it’s a better business model for number of reasons. For example, Adobe is the largest SaaS by reven

It does, as OP mentioned, they’re making money doing it and it’s a better business model for number of reasons. For example, Adobe is the largest SaaS by revenue: https://www.mikesonders.com/largest-saas-companies/ https://www.mikesonders.com/largest-saas-companies/ — Model clearly works if you look at Abobe’s revenue per year since 2004: https://www.statista.com/statistics/266399/revenue-of-adobe-systems-worldwide-since-2004/ https://www.statista.com/statistics/266399/revenue-of-adobe-... — Here’s a detailed history of Abobe, if you’re interested in the SaaS part, just search for “SaaS” on the page: https://producthabits.com/adobe-95-billion-saas-company/ https://producthabits.com/adobe-95-billion-saas-company/