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thesis· IQCloud

Why local service businesses are the next SaaS

The best risk-adjusted returns in software right now are not in apps. They are in the everyday service businesses that software can finally run end to end.

Local service businesses have stable demand, real cash flow, and decades of customer trust, and until recently they were too small to justify the software stack that would make them efficient. We built that stack once, ran our own businesses on it, and the unit economics changed. This is the thesis behind everything IQCloud builds and buys.

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