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20VC Prediction Open · timeframe May 2029
Peets: Anthropic will reach a $4T to $5T valuation
“I think Anthropik's a four or five trillion dollar company.”
Chad Peets May 23, 2026 ▶ 1:13 Why Anthropic Are Causing a Comp Crisis & Why You’d Never Hire From Salesforce or ServiceNow · 20VC with Harry Stebbings
20VC Assertion Not publicly verifiable
Peets: Chief Revenue Officers are receiving $100M compensation packages
“I know CRO's getting a hundred million dollar packages.”
Chad Peets May 23, 2026 ▶ 1:01 Why Anthropic Are Causing a Comp Crisis & Why You’d Never Hire From Salesforce or ServiceNow · 20VC with Harry Stebbings
20VC Assertion Supported
Peets: Anthropic offered sales reps $1.2M compensation packages
“Like if Anthropic, for example, when they were at their three 80 valuation, they were offering reps, call it a 1,000,002.”
Chad Peets May 23, 2026 ▶ 49:25 Why Anthropic Are Causing a Comp Crisis & Why You’d Never Hire From Salesforce or ServiceNow · 20VC with Harry Stebbings
20VC Assertion Contradicted
Chad Peet: Fired sales reps in France and Germany stay on payroll for a year
“Go to Germany and France, I can't fire people. Like, dude, they're on, I, they'll be on the books for a year after you want to get rid of them.”
Chad Peets Jan 9, 2026 ▶ 32:52 20Sales: Why the Best Sales People are F**** in the Head | Why Remote Work is BS | Why Europe is a Nightmare for Recruiting Sales Teams | How to Build a Sales Machine | What Everyone Gets Wrong Today in Sales with Chad Peets
20VC Assertion Not checkable as stated
Peet: No Company Can Compete With xAI on Compute Infrastructure
“Ultimately, this is going to come down to compute, and there's nobody going to compete with us in compute.”
Chad Peets Jan 9, 2026 ▶ 1:01:06 20Sales: Why the Best Sales People are F**** in the Head | Why Remote Work is BS | Why Europe is a Nightmare for Recruiting Sales Teams | How to Build a Sales Machine | What Everyone Gets Wrong Today in Sales with Chad Peets
20VC Prediction Not checkable as stated
Peets Refuses to Hire Inside Sales Reps Unwilling to Commute
“If a sales inside salesperson is not willing to make the sacrifice of a 30 minute commute every day to further his own career, I don't want that person.”
Chad Peets Nov 7, 2025 ▶ 48:13 20Sales: Why You Need a CRO Pre-Product | Why Remote Sales Teams Do Not Work | How Snowflake Built a Sales Machine with Chad Peets
20VC Prediction Held up
Peets rejects sales reps unwilling to make a 30-minute commute
“If a sales inside salesperson is not willing to make the sacrifice of a 30 minute commute every day to further his own career, I don't want that person.”
Chad Peets Aug 23, 2024 ▶ 49:29 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
20VC Prediction Not checkable as stated
Peets refuses to hire sales candidates focused on work-life balance
“That's not me. And it will never be me. And I will not hire people like that.”
Chad Peets Aug 23, 2024 ▶ 46:42 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
20VC Assertion Supported
Peets: Anthropic sales organization operates on group quotas rather than individual metrics
“They have a group quota.”
Chad Peets May 23, 2026 ▶ 25:48 Why Anthropic Are Causing a Comp Crisis & Why You’d Never Hire From Salesforce or ServiceNow · 20VC with Harry Stebbings
20VC Prediction Not checkable as stated
Peets: Founders must commit to replacing underperforming CROs to work together
“And then I'll go through their sales organization and say, look, I've gone through the sales organization, particularly your chief revenue officer. I can't work with him or her. So in order for me to come in, you have to commit now that we're going to replace …”
Chad Peets May 23, 2026 ▶ 31:11 Why Anthropic Are Causing a Comp Crisis & Why You’d Never Hire From Salesforce or ServiceNow · 20VC with Harry Stebbings
20VC Assertion Not checkable as stated
Chad Peet: Customer service AI can cut enterprise support costs by 50%
“AI for customer service. Best use case I've seen for AI right now. I mean, the ROI is real there, right? You can go into companies that are spending a billion dollars a year on customer support, customer service, and literally we can take out half of that cost…”
Chad Peets Jan 9, 2026 ▶ 8:08 20Sales: Why the Best Sales People are F**** in the Head | Why Remote Work is BS | Why Europe is a Nightmare for Recruiting Sales Teams | How to Build a Sales Machine | What Everyone Gets Wrong Today in Sales with Chad Peets
20VC Prediction Not checkable as stated
Peet: Eight-hour workday hires will be caught and fail quickly at xAI
“If you're the individual that's been in a big company, and you're super pumped, I'm working an eight hour day, and you like to hide, and this, that, and the other, this ain't the place. And I promise you, either I'm gonna find you, or somebody else is gonna fi…”
Chad Peets Jan 9, 2026 ▶ 10:28 20Sales: Why the Best Sales People are F**** in the Head | Why Remote Work is BS | Why Europe is a Nightmare for Recruiting Sales Teams | How to Build a Sales Machine | What Everyone Gets Wrong Today in Sales with Chad Peets
20VC Prediction Not checkable as stated
Peet: AI will eliminate or drastically reduce SDR and BDR roles in 5 years
“A hundred percent. I think SDRs and BDRs are five years gone because I think AI replaces them. I think that's the one function that to me is most obvious. I don't think we're there yet, but yes, I think it, does it completely go away? I don't know, but it gets…”
Chad Peets Jan 9, 2026 ▶ 56:32 20Sales: Why the Best Sales People are F**** in the Head | Why Remote Work is BS | Why Europe is a Nightmare for Recruiting Sales Teams | How to Build a Sales Machine | What Everyone Gets Wrong Today in Sales with Chad Peets
20VC Prediction Not checkable as stated
Peet: xAI Enterprise Numbers in 2026 Will Shock the Market
“I think you'll be floored when you see the numbers that come out of our business on the enterprise side in 2026. I think people will be shocked.”
Chad Peets Jan 9, 2026 ▶ 1:02:56 20Sales: Why the Best Sales People are F**** in the Head | Why Remote Work is BS | Why Europe is a Nightmare for Recruiting Sales Teams | How to Build a Sales Machine | What Everyone Gets Wrong Today in Sales with Chad Peets
20VC Assertion Contradicted
Snowflake Grew Its Sales Organization Faster Than Any Company in History
“Chris and I took a sales organization and grew it faster than any sales organization has ever grown in history. It's snowflake. There might have been others since that have grown faster, but at the time, nobody's done that, right?”
Chad Peets Nov 7, 2025 ▶ 9:48 20Sales: Why You Need a CRO Pre-Product | Why Remote Sales Teams Do Not Work | How Snowflake Built a Sales Machine with Chad Peets
20VC Assertion Supported
Chris Degnan Is the Only CRO to Scale From $0 to $3B
“Chris is the only guy that's ever gone from zero to three billion.”
Chad Peets Nov 7, 2025 ▶ 14:38 20Sales: Why You Need a CRO Pre-Product | Why Remote Sales Teams Do Not Work | How Snowflake Built a Sales Machine with Chad Peets
20VC Assertion Not checkable as stated
Wiz Is the Only Startup to Successfully Launch Enterprise-First
“Wiz is the only one I've seen do it successfully, where they started in the enterprise.”
Chad Peets Nov 7, 2025 ▶ 52:51 20Sales: Why You Need a CRO Pre-Product | Why Remote Sales Teams Do Not Work | How Snowflake Built a Sales Machine with Chad Peets
20VC Assertion Not checkable as stated
Sutter Hill Forbids Sales Forecasts Without CRO Agreement
“Now, our companies are different. This cannot happen in our companies. We will not allow for this, right? So, Sutter Hill Company, CEO says, here's a forecast for next year. We say, great. Chad Peets, John McMahon, your CRO are in agreement with this, right? B…”
Chad Peets Nov 7, 2025 ▶ 56:46 20Sales: Why You Need a CRO Pre-Product | Why Remote Sales Teams Do Not Work | How Snowflake Built a Sales Machine with Chad Peets
20VC Assertion Not checkable as stated
Snowflake's sales organization was the fastest growing in history
“Chris and I took a sales organization and grew it faster than any sales organization has ever grown in history. It's snowflake. There might've been others since it have grown faster, but at the time, nobody's done that.”
Chad Peets Aug 23, 2024 ▶ 6:36 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
20VC Assertion Supported
Chris Degnan is the only CRO to scale revenue $0 to $3B
“Chris is the only guy that's ever gone from zero to three billion.”
Chad Peets Aug 23, 2024 ▶ 12:23 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
20VC Assertion Not checkable as stated
Wiz is the only startup to successfully start enterprise-first
“Wiz is the only one I've seen do it successfully where they started in the enterprise, right?”
Chad Peets Aug 23, 2024 ▶ 54:34 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
20VC Assertion Not checkable as stated
Peets: xAI sales reps perform all of their own product demos
“Like our sales guys at XAI actually do all of their own demos, which as you can attribute a test to that's not the norm.”
Chad Peets May 23, 2026 ▶ 8:52 Why Anthropic Are Causing a Comp Crisis & Why You’d Never Hire From Salesforce or ServiceNow · 20VC with Harry Stebbings
20VC Assertion Supported
Chad Peets: Snowflake sales rep productivity rose continuously despite rapid hiring
“Snowflake was the first thing, first company we had ever seen where we couldn't hire fast enough to bring the productivity number down. No matter how fast we hired, it kept going up”
Chad Peets May 23, 2026 ▶ 35:26 Why Anthropic Are Causing a Comp Crisis & Why You’d Never Hire From Salesforce or ServiceNow · 20VC with Harry Stebbings
20VC Assertion Not checkable as stated
Peet: AI startups like xAI and Parloa close huge deals unusually early
“What we are seeing with AI companies, back to your earlier point, some of them, XAI being one, are closing very large transactions very early. We've never seen this before, like that company I mentioned, Parloa. Parloa is closing really, really big deals at a …”
Chad Peets Jan 9, 2026 ▶ 23:22 20Sales: Why the Best Sales People are F**** in the Head | Why Remote Work is BS | Why Europe is a Nightmare for Recruiting Sales Teams | How to Build a Sales Machine | What Everyone Gets Wrong Today in Sales with Chad Peets
20VC Assertion Not checkable as stated
Chad Peet: 80% of selling in Europe is identical to the US
“80% of it is the exact same. Hard work. Pipeline generation. All of that stuff is applicable in Europe, just like it is in the US.”
Chad Peets Jan 9, 2026 ▶ 33:15 20Sales: Why the Best Sales People are F**** in the Head | Why Remote Work is BS | Why Europe is a Nightmare for Recruiting Sales Teams | How to Build a Sales Machine | What Everyone Gets Wrong Today in Sales with Chad Peets
20VC Assertion Not publicly verifiable
Every Sutter Hill CRO Was Placed From Chad Peets' Personal Network
“Every CRO at every Sutter Hill company, right, and I've placed them all, has been somebody that I know, that comes from my ecosystem.”
Chad Peets Nov 7, 2025 ▶ 13:12 20Sales: Why You Need a CRO Pre-Product | Why Remote Sales Teams Do Not Work | How Snowflake Built a Sales Machine with Chad Peets
20VC Assertion Contradicted
Snowflake Scaled Without Having a Dedicated Customer Success Department
“They don't have a customer success organization at Snowflake, or at least they didn't. Maybe they've created one now, but they didn't. The feeling was everybody's in customer success.”
Chad Peets Nov 7, 2025 ▶ 29:29 20Sales: Why You Need a CRO Pre-Product | Why Remote Sales Teams Do Not Work | How Snowflake Built a Sales Machine with Chad Peets
20VC Assertion Not checkable as stated
Hiring pre-product CROs requires raising $10M seed rounds
“Yeah, usually you're going to need more than a couple million bucks to do this. You don't need 20, but you probably need 10.”
Chad Peets Aug 23, 2024 ▶ 15:22 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
20VC Assertion Not checkable as stated
Cold email and LinkedIn sales outbound no longer work
“Like what I'm being told, and again, I don't do it, but the feedback I get is emails, LinkedIn simply doesn't work. It just, it, there's too much of it.”
Chad Peets Aug 23, 2024 ▶ 50:25 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
20VC Assertion Not publicly verifiable
Chad Peets: Snowflake expanded sales reps from 100 to 300 in one year
“I think one year we went from 100 to 300.”
Chad Peets May 23, 2026 ▶ 37:16 Why Anthropic Are Causing a Comp Crisis & Why You’d Never Hire From Salesforce or ServiceNow · 20VC with Harry Stebbings
20VC Assertion Not checkable as stated
Peet: Every scaling company he worked at experienced ~25% sales attrition
“And so every scaling company that I've ever been a part of, we will model 25% attrition, and we're typically right there.”
Chad Peets Jan 9, 2026 ▶ 30:03 20Sales: Why the Best Sales People are F**** in the Head | Why Remote Work is BS | Why Europe is a Nightmare for Recruiting Sales Teams | How to Build a Sales Machine | What Everyone Gets Wrong Today in Sales with Chad Peets
20VC Assertion Not checkable as stated
Chad Peet: Snowflake maintained sales productivity despite rapid scaling
“As you scale, you would expect productivity to come down. The only place I did not see that was Snowflake. We could not hire fast enough to bring the productivity down.”
Chad Peets Jan 9, 2026 ▶ 38:35 20Sales: Why the Best Sales People are F**** in the Head | Why Remote Work is BS | Why Europe is a Nightmare for Recruiting Sales Teams | How to Build a Sales Machine | What Everyone Gets Wrong Today in Sales with Chad Peets
20VC Assertion Not checkable as stated
Early Snowflake Accounts Expanded From $15K to $150K in Six Months
“In the early days, it was crazy. Like people would buy A 15 K land deal, and they'd expand to 150 in six months, right? So when you have product like that, that just expands on its own, you can get away with less customer success. I've not seen that since Snow…”
Chad Peets Nov 7, 2025 ▶ 29:44 20Sales: Why You Need a CRO Pre-Product | Why Remote Sales Teams Do Not Work | How Snowflake Built a Sales Machine with Chad Peets
20VC Assertion Supported
Early Snowflake had no customer success organization
“They don't have a customer success organization at Snowflake, or at least they didn't. Maybe they've created one out, but they didn't. The feeling was everybody's in customer success.”
Chad Peets Aug 23, 2024 ▶ 28:21 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
20VC Assertion Not checkable as stated
Early Snowflake accounts expanded from $15K to $150K in six months
“Like, people would buy A 15 K land deal, and they'd expand to 150 in six months, right? So when you have product like that, that just expands on its own, you can get away with less customer success. I've not seen that since Snowflake.”
Chad Peets Aug 23, 2024 ▶ 28:42 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
20VC Assertion Not checkable as stated
Sutter Hill mandates CRO alignment on CEO revenue forecasts
“This cannot happen in our companies. We will not allow for this, right? So Sutter Hill Company, CEO says, here's a forecast for next year. We say, great. Chad Peets, John McMahon, your CRO are in agreement with this, right? Because if they're not, that's not t…”
Chad Peets Aug 23, 2024 ▶ 58:52 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
20VC Assertion Contradicted
Snowflake Initially Could Only Sell Its Database to Ad-Tech Companies
“In the very early days of Snowflake, we could only sell into ad tech accounts. That's it. They were just selling to ad tech.”
Chad Peets Nov 7, 2025 ▶ 19:01 20Sales: Why You Need a CRO Pre-Product | Why Remote Sales Teams Do Not Work | How Snowflake Built a Sales Machine with Chad Peets
20VC Assertion Partly supported
Snowflake initially sold exclusively to ad tech accounts
“In the very early days of Snowflake, we could only sell into ad tech accounts. That's it. They were just selling to ad tech.”
Chad Peets Aug 23, 2024 ▶ 17:03 Chad Peets: Why Most Sales Reps Underperform & Remote Reps Ignore Development | E1193 · 20VC with Harry Stebbings
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