The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Abrahami: Developers will never vibe-code platforms as complex as Shopify
“You're not going to vibe code Shopify, no matter how good you are. The business stack is too hard.”
Abrahami: LLMs will not replace white-collar jobs because they lack reasoning
“I would not be That concern with LLM is replacing every kind of a white color jobs. That's not going to happen. It's not that smart. You keep making silly mistakes. It's not very good. Actually, it's not very good at reasoning. It's very good at collecting dat…”
Abrahami: Wix's Base44 Should Be Valued at $8 Billion Standalone
“Because if you look at peers, they're doing a vibe coding, the multipart is much higher than the one we would get for base to be a two billion, right? So basically on its own should probably be at eight billion.”
Abrahami: Salesforce's Moat Against AI Is Institutional Data Trust
“Salesforce, what is the biggest value Salesforce provide? It's not the CRM. It's the fact that you trust a SaaS providers with your data, right? You have huge banks, huge companies that actually allow Salesforce to hold all of the customer data because they tr…”
Abrahami: Atlassian Is Vulnerable to AI Replacement by Developers
“And when I look at it at Atlassian, I think that the customers are the ones that are more likely to build things with code code, right? Because with code code, because they are developers, right? So I'm always in, in a bit of a concern there because I'm like, …”
Abrahami: Wix Is Losing Talent and the Industry Will Too
“Everybody gonna lose talent, and we are losing talent.”
Abrahami: Off-the-Shelf AI Customer Support Tools Do Not Work
“We actually tried not to build our own. You know, we tried, we tested many different things. It doesn't work.”
Abrahami: The Tech Sector Gives Too Much Credit to AI
“I think that we all give too much credit For AI and what it can do, right? And when you start looking at the details, it's not really doing that well for a lot of the things.”
Abrahami: Wix Generates ~$400M Free Cash Flow and Invests ~$200M in Base44
“We make about four hundred million dollars a year in free cash flow, and we invest about 200 and something million into base 44.”
Abrahami: Delayed CEO office arrival accelerates organizational maturity
“I think that it also created another thing which I like is that when you're a smaller company, people want the CEO to solve their problems, you know, like how do we mitigate between arguments and, but by the time I would arrive, most of the things would be sol…”
Abrahami: SaaS Multiples Collapsed Due to Market AI Uncertainty
“I think that's kind of a thing now with all SaaS companies, right, where the multipulse went to shit, and I think a lot of it is, is because the market don't know how to calculate the danger for SaaS companies with AI”
Abrahami: Wix core platform has vastly higher margins than Base44
“Wix is way, way, way, way, way more profitable, right? The cost of a Wix, generating Wix website is pretty much zero in comparison, and hosting pretty much zero in comparison. So, way more profitable on Wix than on Base-Four, and the margins are much better.”
Abrahami: Vibe-coding margin concerns will disappear within two years
“And so I think that in, in, in two years or maybe less this is not gonna be an important question.”
Abrahami: Wix acquired Base44 when it had just one employee
“We've, ah, the M&A of Base-Forty-Four, right? Well, we bought a company with one person. I want to be clear, right? And then we put a lot of people from Wix into that, right?”
Abrahami: Leaders should focus on talent density over employee retention
“So, it's not about how do you prevent people from leaving. Right? And it's more a thing about how you make sure the organization keep being an organization where the vast majority are top talents, right?”
Abrahami: Standard LLMs lack technical capability for astrophysics research
“You cannot do research on, on astrophysics with LM. They don't have the capacity for that. It's not what they do. You're gonna, they might answer you, but they don't run the models, the simulation, the background.”
Abrahami: Replacing human workers with AI will take longer than expected
“I was very concerned with how quickly we're going to find humans being replaced with AI. And I think I'm now looking at looking at the same thing. I think it's going to take much longer than I anticipated.”
Abrahami: Base44 Will Scale to 1,000 Employees Within Two Years
“I would imagine probably 800 to a thousand. And the majority of them would actually be engineers.”
Abrahami: Wix uses an in-house trained AI model for website generation
“So on Wix, when you generate a website today, we are running a model that we trained. Okay. And it's faster, it's cheaper, but it's also better and it makes less errors.”
Abrahami: Wix stock trades on OpenAI, Anthropic, and Google news
“We're trading on others. Companies news. We're not trading on Wix news. We're trading mostly on what OpenAI or Antropic are saying, or Google is saying, right?”
Abrahami: Wealth makes leaders more reasonable but also lazier
“I tend to agree. I think that, you know, overall you, when you're less afraid of things, right, you're more reasonable, but you're also a bit more lazy, right?”
Abrahami: AI disruption is an extreme shock unfolding in slow motion
“In, in, in this sense, I think AI is the exception because it would be, it was an extreme thing that we've seen happening in slow motion, right? It took a few years. It didn't happen, boom.”
Wix CEO Avishai Abrahami sleeps from 5 AM to 11:30 AM
“So I usually go to sleep at around five to six AM. And I'd wake up around 11, 11 30, and so that's been my routine. Pretty much it's that I remember myself.”