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CNN Money-Fortune — April 15, 2014

FORTUNE — Enormous changes are afoot in the C-suite at companies at every level of scale and growth. We built Bowery Capital on the thesis that roughly $357 billion would change hands over the next ten years through the swapping out of old technology for new. This perspective comes from years of seeing Internet natives becoming IT decision-makers, a concept on the rise, but this is something we are just at the beginning of.

Greylock’s David Sze recently talked about finding companies to invest in companies that access the “140 billion of IT spend up for grabs” and we not only agree, but see the number as far higher. More specifically in pulling spend shift data every quarter (see below), we think we are only in the 1st or 2nd inning of this shift.

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