
The SaaSacre: How AI-Native Startups Are Dismantling a $250 Billion Industry
The SaaS valuation index fell 25% in the first quarter of 2026. Cursor hit $2 billion in annual revenue. Harvey AI reached an $11 billion valuation after three years of existence. A new category of startup — built to replace enterprise software rather than complement it — is compressing decade-old business models into something unrecognisable.








