agrobacter/iStock via Getty Images Investment thesis Zuora (NYSE:ZUO) is a leading software provider for businesses to manage their subscription-based services. The company's dominant position is highlighted in the image below, taken from the 2024 Gartner Magic Quadrant for Recurring Billing Applications. According to a study by Juniper Research, the subscription-based economy that the company serves is valued at $593 billion and is expected to grow at a 14% CAGR through 2028. In recent years, Zuora has ...