ClickHouse CEO Aaron Katz and Harry Stebbings discuss escalating sports franchise transaction values following reported multi-billion dollar team sales.
“I do. I mean, we just saw that with the Lakers. I think it was the most expensive sports transaction in history.”
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More from Aaron Katz
Insight
Katz: Revenue durability is the single biggest risk for AI applications
“If you were to come down to one, if you were to say this, what's the single biggest risk would be durability of revenue because the switching costs that you and I talked about are very high for infrastructure software. The switching costs can be very low for a…”
Aaron KatzAug 31, 2026▶ 4:12ClickHouse CEO: AI Margins Need to Improve | Revenue Concentration Should be a Concern
PredictionNot checkable as stated
Katz: AI agents will be fully autonomous within three to five years
“If you look out three to five years, those agents are going to be fully autonomous.”
Aaron KatzAug 31, 2026▶ 17:56ClickHouse CEO: AI Margins Need to Improve | Revenue Concentration Should be a Concern
PredictionNot checkable as stated
Katz: Frontier AI labs will remain dominant over specialized models
“I think you're going to have specialized models for specific use case, like legal tech. If you look at Harvey, for example, I know they're, I think, leading the category in terms of specialization, but I think the large frontier labs are still going to be the …”
Aaron KatzAug 31, 2026▶ 18:30ClickHouse CEO: AI Margins Need to Improve | Revenue Concentration Should be a Concern
AssertionNot checkable as stated
Katz: Top Silicon Valley startups are considering moving workloads on-prem
“And even companies that I thought would never be going back on prem are talking about going back on prem. Like some of the most innovative digital native companies in Silicon Valley are now thinking about moving their stack from, you know, one of the hyperscal…”
Aaron KatzAug 31, 2026▶ 28:08ClickHouse CEO: AI Margins Need to Improve | Revenue Concentration Should be a Concern
Insight
Katz: Very few open-source companies successfully defend their moats
“I think if you can maintain A competitive advantage with your cloud offering or your proprietary features that are very, very difficult to replicate, then you can maintain that moat. And I think very few open source companies get that right.”
Aaron KatzAug 31, 2026▶ 30:06ClickHouse CEO: AI Margins Need to Improve | Revenue Concentration Should be a Concern
PredictionOpen · timeframe Dec 2027
Katz: ClickHouse will surpass $1B in ARR before December 2027
“Well, I'd put the over under at December, 20, 27. And I would take the under.”
Aaron KatzAug 31, 2026▶ 39:09ClickHouse CEO: AI Margins Need to Improve | Revenue Concentration Should be a Concern
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