Spreadsheets

“Spreadsheets did not result in a collapse in the number of people working in finance. They're quite the opposite. You have way more people in finance, because now it's possible to do all this more, all this new stuff that you couldn't have done before.”

“I feel like there could be a product in the next 10 years for finance people, where in hindsight, it is obviously the correct UI, but just like the spreadsheet kind of came out of nowhere as a UI, it may feel like it came out of nowhere at that time.”

“The other thing about the spreadsheet is it's Turing complete, right? I mean, that's the other, you know, we sort of don't give it enough credit. It's like, I can make it do everything. A hundred percent. I mean, it's kind of like, you know, and you get into i…”

“Whatever columns you choose will stay there forever. But with AI, with full context of your research files, you can rebuild these things on the fly. And again, you're still responsible for everything, for any decisions, analysis, highlights, everything. But it…”

“And you know, more importantly right now, AI, we're in a world where, where AI is not good at calculating things yet. So generally you're having to spin up a virtual machine and run Python or something on there. To actually perform those spreadsheet calculatio…”

“The spreadsheet is the worst invention ever created for business, right? If you read the book, The Terrorism of Excel or something like that, I put in that book. But, you know, we've created a tool that allows us to manipulate numbers on the page to get the an…”

“I think that the spreadsheet is the best interface for a human working with a computer to understand data.”

“I do see these agents generating spreadsheets to answer people's questions, particularly when they focus around the user understanding data.”

“Everybody has used spreadsheets at this point. I mean, it's like the most prolific app building platform out there.”

“And a lot of use cases of spreadsheets really should be databases or apps, right? Anytime you're dealing with something that's not like number crunching and instead is some kind of tabular data, a workflow, like a database like thing of customers, or it could …”

“Anytime you have any industry anywhere in the world where somebody is using a spreadsheet, it should be like, you know, a light bulb going off. There's like, this is a startup opportunity. There's countless startups that started as spreadsheets or took process…”

“There was no software that could do that. And all these companies were using spreadsheets to manage what was becoming all of their profit.”

“We started playing with the metaphor of a spreadsheet because it was the world's most popular programming environment.”

“Old observation that most spreadsheets don't have any formula. Most people use Excel to make tables, not to make, not for financial calculations.”

“The market's like, 50, 50 brownfield and spreadsheets where, you know, brownfield is legacy, really old legacy stuff that you have to rip and replace, you know, out of the market.”

“And it's typically built in a spreadsheet, which has a really nice feature of being very hard to fake. Like you can talk about a business conceptually. But when you actually have to get it to line up and link in a model, it's very hard to not force yourself to…”

“It's actually not our competitors, right? It's a very, we have smaller competitors. Most of it is still manual processes. You put these guys and gals out in the field and they're using their spreadsheets or their clipboards to figure out how to solve an issue.”

“The difficult thing about competing against a spreadsheet, and probably other products like that, is that a spreadsheet is just endlessly flexible. Right? There's nothing you can't do in a spreadsheet.”

“What's nice about a model approach instead of a spreadsheet is, you set a founder in front of a spreadsheet and you say, put your business in here. And there's kind of an immediate thought of, okay, I need a revenue row, I guess, and I also need a, Expenses ro…”

“We've actually created more white collar jobs post the spreadsheet than we have in the decades before.”

“90% of spreadsheets are not used for kind of their intended purpose of numerical analysis, but really, you know, they're used as a makeshift database.”

“So the reason why you switched from spreadsheets to databases, which is a completely different kind of thing, right, is because of spreadsheets couldn't handle the larger amounts.”

“If in the early eighties, You know, if we could go back and go into a time machine and deliver to the past a spreadsheet that worked on unlimited amounts of data, would things have happened the way they happened? You know, yes, somehow data governance would ha…”