Hello everyone! Hope you've all had a great weekend and enjoyed the last stretch of the Winter Olympics. This past week was a fairly active one in SaaS. Dropbox, which announced its intention to go public a few months ago, recently finalized its IPO plans. With over one billion dollars in annual revenue, the cloud storage company will raise another $500 million by entering the public market. And I'm sure they'd be excited if they perform as well as Sailpoint did - who just released their first numbers as a public company. Last quarter, the identity software company based out of Austin, saw over 50% YoY growth - easily surpassing analyst forecasts. In addition to Dropbox and Sailpoint coverage, this week's newsletter will dive into HubSpot's move to GCP, commoditization in SaaS and the evolving role of IT operations.