Software has no inherent value. What matters is the business model: high margins, customer stickiness, revenue retention, and built-in growth. Any business with these traits becomes valuable, whether it sells software or trash.
Software is not inherently valuable. What makes software valuable is the fact that it has high gross margins, and when it's built right, it's sticky and has high revenue retention. And when it's built even more right, it has virality or some sort of growth loop that's built into it. So if you have a business of any kind that can grow on its own, has high gross margins for the product and high revenue retention, you have an incredibly valuable business. Whether you sell trash or whether you sell software, it's just that software tends to be something that can accomplish those things. You have to build a product that has those components, and then in and of itself, it will become valuable.
