meh....money is being spent, doesn't mean much in reality. Example: I see investment in IAM and IDAS all day, and everyone is a disruptor with the nextGen AI, ML, blah blah, blah in very mature and crowed spaces. they can't all succeed. this specific market is hot b/c the tag line (with some truthiness) that "Identity is security" and the traditional IAM players needed to evolve, which they either do or they perish (looking at you CA and RSA) but we don;t need more Okta's or Ping's or ForgeRocks, etc. The investors backs up the spend with the "new normal" validation of everyone WFH, everything SaaS, everything cloud. Great, again the barrier to enter and survive this market is huge and the Enterprise has largely solved the issue and it's a race to the bottom on the SMB.
fucking "unicorns" and "disruptive"...add that to the buzzword bullshit list. It started with "Synergy" in the 90's