I enjoyed Gabriel Kaplan's '[From Perpetual to SaaS](https://share.commonstock.com/daTITIMVFib)' memo. He talked about how subscription-based services are:
- More convenient for end users
- More stable for investors
- More efficient for businesses

He also gave [some ideas for companies](https://share.commonstock.com/daTITIMVFib) that are in the midst of transitioning from perpetual selling to subscription-based.

What's a memo you enjoyed?
![](https://cdn.commonstock.com/1380f695b60fbc6b01b69c2eacb61afc3ad65be4a7ef0ef794ddceb79b6d36cd-886x540.png)
@strategicinvestors

I enjoyed this one from @parrot : [https://share.commonstock.com/qzrDG2cGQib](https://share.commonstock.com/qzrDG2cGQib)

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What memos did you enjoy this week?

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