systems of record

“It's because historically systems of record have benefited from tremendous moats and that they are really hard to rip out. And the reason they're really hard to rip out is they have like the source of truth data about some of your most important parts of your …”

“This is the first time that we've seen a genuine threat to that. And that's because the distance between intent and execution is collapsing. And that's creating not a 20 to 50% better experience for the user, but how you get to that magical TEDx.”

“There was a wave of SAS two point O that was well-funded and tried and failed to take on the system of record, mostly through a better UI.”

“It'll probably converge into like some database, like some generic set of APIs, like that they'll connect to, and like that seems to be the direction it's going.”