Jake Saper, General Partner at Emergence Capital, explains why internal AI code development cannot easily replace third-party enterprise software vendors.
“When you're buying software from a vendor, you're not just buying the code, you're buying an opinion perspective on how to solve a problem.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Jake Saper
Opinion
Salesforce Is No Longer the Best CRM on the Market
“Salesforce isn't the best CRM now.”
Jake SaperMar 10, 2025▶ 47:28Jake Saper, GP @ Emergence Capital: "We Sold Salesforce Early and Lost Out on Billions" · 20VC with Harry Stebbings
Opinion
Saper: Focused startups are outpacing incumbents in capturing AI value
“The thing I've changed my mind on is I'm less fearful that incumbents will be able to accrue most of the value. The reality is, like, it still early days in this game, and things could change, but thus far, the startups are outpacing, the focus startups are ou…”
Jake SaperMar 10, 2025▶ 57:38Jake Saper, GP @ Emergence Capital: "We Sold Salesforce Early and Lost Out on Billions" · 20VC with Harry Stebbings
Opinion
If Jake Saper Were to Short a Public Stock, It Would Be IBM
“If I were to short a stock publicly, it'd be IBM.”
Jake SaperMar 10, 2025▶ 1:01:34Jake Saper, GP @ Emergence Capital: "We Sold Salesforce Early and Lost Out on Billions" · 20VC with Harry Stebbings
Opinion
Saper: Multi-stage VC seed programs create signaling risk for founders
“Most multi-stage firms treat their seed programs as an option program, right? They write small checks. Often it's their junior people writing these small checks and they use it as a way to track the company to see if it breaks out. If it does, then they try to…”
Jake SaperMar 10, 2025▶ 1:07:34Jake Saper, GP @ Emergence Capital: "We Sold Salesforce Early and Lost Out on Billions" · 20VC with Harry Stebbings
Insight
All PLG companies eventually need to layer on enterprise sales motions
“As exciting as bottoms up PLG is, all PLG companies eventually need to layer on enterprise software motions to be sustainable and enduring.”
Jake SaperMar 10, 2025▶ 5:42Jake Saper, GP @ Emergence Capital: "We Sold Salesforce Early and Lost Out on Billions" · 20VC with Harry Stebbings
PredictionNot checkable as stated
Saper: AI web app builders will disrupt Squarespace and Webflow
“But those businesses will clearly disrupt the square space and the web flows and et cetera.”
Jake SaperMar 10, 2025▶ 12:57Jake Saper, GP @ Emergence Capital: "We Sold Salesforce Early and Lost Out on Billions" · 20VC with Harry Stebbings
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