🎙️ podcast Analysis December 23, 2025 The Twenty Minute VC (20VC)

The Circular Economy: When Venture Capital Meets Trillion-Dollar Valuations

Enterprise Software Semiconductors Cloud Infrastructure
Tickers
3 Picks
Conviction MEDIUM
Risk Profile 2.9/10 (MODERATE RISK)
Horizon 12-18 months
Signal Snapshot Core Theme: Enterprise AI Monetization

Trillion-dollar IPOs normalize venture mathematics

AI agents finally deliver measurable ROI

Agent Force deployment; IPO execution; Employment data

Executive Summary

Salesforce trades at 5.5x revenue multiples—its lowest valuation in years—while sitting on the precipice of the largest enterprise software monetization opportunity in decades. Half of Salesforce's customer base wants to buy agentic products that work tomorrow, according to seasoned venture investors who've witnessed the AI coding revolution firsthand. The company's Agent Force represents a $100,000 annual contract expansion opportunity per customer, potentially eliminating hundreds of sales and...

Key Investment Opportunity

Salesforce AI Agent Monetization

Salesforce trades at historically low multiples while positioned to monetize AI agents that can justify $100K+ annual contract expansions

...and 1 more investment opportunities

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