Happy new year everyone! Hope you all had a relaxing holiday. Apart from a new acquisition by DocuSign, the SaaS world was unsurprisingly less active than usual this week. On the brightside, though, as companies start wrapping up their books on 2017, we'll have tons of great stories to review in the next few letters. That said, we'll review Red Hat's unquestionably great 2017. The company helping enterprises run Linux, plans to hit some new territory for open source cloud companies. We'll also cover forecasts for Hubspot and potential SaaS M&A activity for 2018. Now onto a great week and year!