Jeff Seibert
Co-Founder & CEO, Digits. On 2 shows, 4 appearances, plus 1 compilation re-air not counted. The Shows tab opens the full record on each.
founderexecutiveinvestorengineer@jeffseibert ↗LinkedIn ↗jeffseibert.com ↗Wikipedia ↗
Jeff Seibert co-founded Crashlytics, which was acquired by Twitter, and Increo, which was acquired by Box. He previously served as Twitter's Head of Consumer Product and later co-founded Digits, an AI-native accounting and finance platform.
2shows
4appearances
106statements
13resolved
10supported
2contradicted
77%fully supported
36said about them ↓ Everything Jeff Seibert said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Seibert: AI will be commoditized quickly without disrupting existing software pricing
“So this may be just me, but I very much see AI as a tool, not a product. And so it's a technology. It's like your database. It's like Memcash back in the day, and so because of that, I don't think it'll change how people price in specific industries. Like, if …”
Seibert: On-device Apple LLMs could make OpenAI obsolete within five years
“I bet Apple can and will. And so if you project forward five years, if they get to the point where they can run a sufficiently large LLM on your iPhone, then OpenAI is out of the picture. You don't even need to hit their servers. It's just on your phone.”
Seibert predicts runaway climate change is less than ten years away
“Runaway climate change is less than 10 years out.”
Seibert: AI will boost productivity rather than replace human jobs
“Ah, so I would say actually, on a good light, AI won't replace many jobs, I think, actually. It'll drive productivity, not replacement, and it'll be like other technologies that have come out, like phones didn't replace people, now you just use them and you ca…”
Seibert: Foundational AI models will inevitably be commoditized
“I certainly think we will, and this may not be a popular position, Obviously, opening eyes, charging ahead, sort of leading the way right now. I think the market forces at work mean there's just immense energy to have an open source equivalent. Meta appears to…”
Seibert: On-device iPhone LLMs will make OpenAI obsolete within five years
“I bet Apple can and will, and so if you project forward five years, if they get to the point where they can run a sufficiently large LLM on your iPhone, then OpenAI is out of the picture. Don't even need to hit their servers. It's just on your phone.”
Seibert: Google delayed Gemini to Q1 due to poor performance
“They've just punted Gemini into Q one, which tells me it's not doing very well.”
Seibert: Google is the most vulnerable tech incumbent to AI disruption
“I think Google's by far the most vulnerable.”
Seibert: OpenAI will evolve into an infrastructure platform like AWS
“I view OpenAI probably evolving more into an infrastructure company like AWS.”
Seibert: Apple's custom silicon provides a massive advantage for on-device AI
“What very few people I think are paying attention to is Apple, because again, they control the silicon. Imagine they're able to pioneer small models that run on device, and then they do custom silicon to make them run. The performance could be outlandish.”
Seibert: Elon Musk moving fast at Twitter beats standing still
“Agree or disagree with some of Elon's decisions, but he is moving quickly in a direction. That is way better than sort of standing still.”
Seibert: The vast majority of startup founders are bad at running companies
“The vast majority of founders are simply bad at running companies. And I'm sorry, but it's true.”
Seibert: Founders attempting a pivot need 12 months of cash runway
“You need at least a year of cash left, because if you don't have a year of cash, you're not going to have time to see this pivot through. And so it's really like founder grit and enough cash. If those aren't there, return your capital.”
Seibert: Great founders build true alignment rather than 'disagree and commit'
“I will not disagree and commit. I think this is the hallmark of great founders is you need to be able to convince your team and have the trust of your team to go all in on a new direction.”
Seibert: Large language models will inevitably become commoditized
“I certainly think we will. And this may not be a popular position. Obviously, opening eyes, charging ahead, sort of leading the way right now. I think the market forces at work I mean, there's just immense energy to have an open source equivalent. Meta appears…”
Seibert: Open-source LLMs will become the 'Android' to OpenAI's 'Apple'
“So the closed may win in terms of having the most advanced model, but I think the Apple versus Android comparison is exactly accurate. So you're going to have something proprietary that might be best because it can be fully vertically integrated. They have, th…”
Seibert: AI startups that are thin wrappers will get killed
“Startups are gonna get killed because they're very thin wrappers.”
Seibert: In 5 years, AI wrappers will look like MySQL forms
“It's really important to me that people view this as a technology. It is like your MySQL database. MySQL was very popular 20 years ago, right? Like it was super cool what it could do. And it's still cool, but if you try to go raise money on you've built a form…”
Seibert: Horizontal AI wrappers OpenAI will solve are bad investments
“If you're working on a use case that's pretty horizontal, that like OpenAI is going to need to solve within five years in order to scale. That's not a great investment, and that's not a good use of your time as a founder.”
Seibert: Startup book values from 2020-2021 are far from reality
“A lot of them are basically holding at their 20, 21 valuation whenever the last round they raised was, and it's nowhere close to the reality.”
Seibert: Secondary market data shows startups trading down 80%
“I do get data from the secondary markets, and so I can see with some of them like where they're trading versus where their last preferred round was, and it's a bloodbath. It's like down 80% for many of them.”
Seibert finds secondary pre-IPO share sales more lucrative than post-IPO exits
“I've actually had more success selling on the secondary market pre IPO than I have had actually waiting the whole time.”
Seibert: Twitter's biggest past internal issue was leadership indecision
“And this was one of the biggest challenges Twitter faced internally back in the day was just complete indecision from leadership.”
Crashlytics intentionally broke developer builds to force viral team adoption
“And when a developer, sorry, when a developer started using it, they actually put it in their app and we broke their build in the nicest way possible so that every other engineer on their team would find out about Crashlytics and then start using it.”
The other half of the tape: Jeff Seibert's own voice is left out of every number here. Other people bring the name up 34 times in 16 episodes across the shows. 2 statements on the record name them. every mention, with the transcript →
Who brings them up most Harry Stebbings 33Wayne Chang 1
Statements about Jeff Seibert, by other people (2)
Twitter Acquired Crashlytics for Nine Figures Before Selling to Google
“Prior to Digits, Wayne and Jeff co-founded Crashlytics, which was acquired by Twitter for a nine-figure sum in January, and then acquired from Twitter by Google in 2017.”
Digits Raised Over $32M From Benchmark, GV, and Angel Founders
“To date, Wayne and Jeff have raised over thirty-two million dollars for Digits, from some of the best in the business, including Peter Fenton at Benchmark, and Jess Verrilli at GV, and then also the most incredible base of angels, with the founders from Box, G…”
Every mention by year
tap a year for its mentions
20VC 34
2021 8 mentions in 4 episodes 2 per episode
- 20VC: Benchmark's Peter Fenton on The Single Question That Defines The Art of Early Stage Venture, Marketing Timing Risk, Why The Oversupply of Capital Is Good & His Biggest Lessons from 12 Years On The New Relic Board
- 20VC: Basecamp CEO Jason Fried on His Relationship To Risk, Money, Vulnerability and Self-Doubt, Fantasising About Being Fired, How To Optimise Decision-Making and Minimising Regret
- 20VC: Tony Fadell "The Father of The iPod" on Mentors, Self-Doubt, Vulnerability, His Relationship To Money, Why Entrepreneurs Need to Be Coachable, Why VCs Need To Be More Direct & Why The First Trillionaire Will Innovate Around Climate Change
- 20VC: Spotify Founder Daniel Ek on Optimising Decision-Making, Structuring Effective Learning Processes, The Trials and Tribulations in The Transition From Founder To CEO & The Future of Building Prima Materia with Shakil Khan
- every mention in 2021, scene by scene →
2020 14 mentions in 7 episodes 2 per episode
- 20VC: Lessons From Working with Bill Gates, How To Lead Without Authority and The Difference Between Leadership and Management & How Fundraising Changes In A COVID World with Quentin Clark, Managing Director @ General Catalyst
- 20VC: Retool Founder, David Hsu on Why YC Is Helpful Pre Product-Market Fit but Not Post and Why VCs Are Not Helpful Pre-Product Market-Fit but are Post, Why it is Difficult to Become Unprofitable if You Set Yourself Up For Profitability Early & Why VC Th
- 20VC: SPACs. What Are They? Why Now? How Do They Change The Venture Landscape? Are They Better Than IPOs & Direct Listings? How Should Founders Think About Them? Kevin Hartz & Troy Steckenrider @ A*
- 20VC: Steve Blank on Why The Startup Ecosystem is Partially A Ponzi Scheme, 3 Things That Determine Startup Survival in a COVID World & Facebook: Platform vs Publisher and Where Does Their Responsibility Lie?
- 20VC: Chamath Palihapitiya on Why IPOs and Direct Listings Are Broken, Turning Social Capital Into A Combination of Berkshire Hathaway, Koch Industries and The Red Cross, Why Forecasts Are Worthless, What Creates True Defensibility & Why You Have To Be Pr
- 20VC: The Future of Subscription Media, Why Startups Need To Stop Blaming Facebook and Google & How Founders Should Think Through Customer Acquisition Channel Dependencies with Alex Mather, Founder & CEO @ The Athletic
- 20VC: Biggest Lessons From Opendoor's Scaling Journey, How To Implement Systems for Growth & The Right Way To Structure Customer Discovery Processes with Julia DeWahl, Angel Investor
- every mention in 2020, scene by scene →
2019 1 mention in 1 episode
2018 1 mention in 1 episode
2017 6 mentions in 1 episode
2016 4 mentions in 2 episodes 2 per episode
One line per show, most statements first. The link opens Jeff's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| 20VCLEDGER | Co-Founder & CEO, Digits | 3 +1 | 95 | 88% 7/8 | full record on 20VC → |
 TOP FOUNDERSLEDGER | Co-Founder & CEO, Digits | 1 | 11 | 60% 3/5 | full record on Top Founders → |