The Ledger, every show

“I felt like in my eyes, this is going to be the largest category in, in software industry. Cause a lot of like existing categories that we're familiar with. And CRM and support systems and task management and project management and stuff like that are going to…”

“And there would be a time, it might be in a few months, might be in a few years, where it will be easier to build your own Salesforce type of CRM than to actually buy a license to something off the shelf.”

“I think every software company that needs implementers, right, there's like a Salesforce implementer or whatever maybe in a decade from now is not going to make it.”

“Software building as a category is gonna grow insanely fast. I think our notion from the previous age of venture capital where a winner takes it all is wrong. And I think this category is going to be so big that everybody will take a niche at some point.”

“Moving faster. They correct something in coding. They're very focused on delivering value to B to B customers of, they don't have the first mover advantage, but I think they have better models. And when they look at their trajectory they're better positioned f…”

“There are some things that I don't believe in is like MVPs first and foremost is like, if you're building something that people will not be able to use or is not good enough, especially these days where it's It's so much easier to build software, so the attent…”

“There's one controversial take for me working with LLMs is don't use TypeScript. Use plain JavaScript. Use JSX. It's easier for models to write code this way.”

“If one person team can get sold for eighty million dollars without people, it means that you'll be able to do a lot more stuff with less people.”

“It was either I raise a lot of money and a lot of funding, or I go and join Wix that basically triples my chances at actually building something special.”

“Smaller CRM companies, every software that's basically front end on top of a database with some team features and some integrations and does not have a moat. And I think Salesforce is so big and so massive that this is like, this is one of their moats. Like th…”

“I think early on, the vibe coding category was focused a lot and still is, to some degree, on Like front-end and landing pages where many use cases were on, like websites or e-commerce websites and stuff like that. I think this will get commoditized for the ca…”

“But for the functional stuff and the complex applications, the organizational applications, the personal applications, the full fully fledged SaaS platforms that people are building, I think they won't get commoditized.”

“I'm not worried about those three.”

“Google. By far. They have the compute. They're moving very fast. If Gemini at some point wins the race, like literally wins the race then they have the entire stack. Including like Google Cloud and whatever, whatever they need and they have the data and whatev…”

“We're taking into consideration that the prices of model will go down towards zero.”

“I don't think current margins are bad, but I think they're going to get way better.”

“Kerser came out, I think it was two weeks ago, or maybe a few weeks ago with their own model, right? Composer. And this is like an, a nice way to like think about strategy of those types of businesses. So think about Kelsa, right? I don't know how the margins …”

“I had the opportunity to invest in like this agent companies, right? Like the Manus, the, those folks. I don't like, I felt like, I don't know the industry good enough to understand if at some point this would get commoditized by the model companies. And so th…”

“Me personally, I don't believe we'll hit a speed bump. I think even with existing models, I don't think also we'll hit like a wall with like the improvements of LLMs, but I think even with existing models, we're only scratching the surface of economic value th…”

“95%. Or a hundred percent, for sure. It's like, ah, you'll be prompting agents.”

“It's like, either it's not going to be one winner takes it all. And there's going to be like more and more companies getting into this market. It's going to be like the Chinese players that are now like changing the entire market dynamics.”

“Like, even if now Gemini three comes out and it's a better model than Cloud and so on, then still there's gonna be a huge number of people staying with CloudCode because they're used to it and they built some things up the stack.”

“As LLMs get better, it's like people like 10 X engineers would have way more impact. They were going to be a hundred X engineers because they're able to manage LLMs. And it's not necessarily the team size, no, the funding, ah, that, that would be able to win y…”

“Claude for example, does a really nice job with first the initial prompt, like writing the app from scratch. Then everything that has to do with UI is just fantastic. Like design is great. But then for example, Gemini is really good when you get to a very comp…”

“From all things in the industry, I think the margins are the least thing that I'm worried about.”

“And I think this is a really interesting strategy that we're also thinking internally is, like, go as fast as you can with the frontier models. At some point, open source becomes really a viable option to maybe fine tune on, like, the billions, almost trillion…”

“If most of the value Is on the way they prompt the application for a certain thing. Like they've built, let's say a photo editor. And so there's not a lot of features in a photo, like an AI based, like you feed a picture and say, okay, make me, I don't know, m…”

“I don't think in any way, no business is hurting. If anything I think the war on talent is really tough in Silicon Valley.”

“For us, base 44 was built in the age of LLMs, and so I structured the repository in a way that's going to be very easy for LLMs to navigate through and to read the code. I think for us, it's already closer to 90%.”

“Iterations is everything. It's, like, it's not anymore about, like, planning ahead so that you save developer time”

“As the nature of an integration, I think it's potentially slightly less strong than building everything full stack built in. And once we did that, and actually I engineered the endpoints and the SDKs and whatever to work well with LLMs. I think Base-Forty-Fort…”

“I feel like if you're building something that has the potential to be viral or to target the masses, and so it doesn't really matter if you're like funded or not, you just like build a great product that people will share. If you're able to do that and you're …”

“I don't think I've written a single line of like HTML or JavaScript in the past three months, but still like the base for the full front end changes a lot because AI writes that.”

“Again, something else that I don't really empathize with or agree with is, like, you have to have, like, a certain ICP, it's not a, it's not necessarily about like the profile of a person, more of like what they're trying to do is like way more important.”

“MongoDB is really good when you're vibe coding, especially when you're building a vibe coding platform, because schemas change a lot and it's not necessarily like users, LLMs don't always understand what the user is trying to send. So they keep changing the da…”

“Even with existing models, we're only Scratching the surface of economic value that you can create.”

“And then, and like the business was very profitable.”

“I can see a future where a lot of the existing SaaS tools and SaaS products have a built-in vibe coding customizes the software to your needs capability.”

“Every Feature that we put out. We know that's going to take either a few weeks or a few months for competitor to copy, and we see that a lot.”

“Nowadays we get, like, tens of thousands of prompts, like, a minute or whatever in tandem, and so we measure the sentiment”

“Also consumer, or the consumer market is so much different. Like the emotional spectrum of the feedback that you get is so much wider than building a B to B SaaS, that you get like some, ah, very, ah, not, not, not too positive, not too negative, ah, comments.”

“If you're building, like, a B to B company, especially if you're, like, doing a B to enterprise company, like, you'll need to hire a salesperson or a sales team, like, you need to, like, spend your money on marketing. It's going to be very hard to try to sell …”

“You can vibe code your way into like productivity tools that really fits what you want to do and what kind of like the process for you looks like.”

“And then started like, I think first dollar or like the first 10 or a hundred bucks were towards March. And then in May, I already did a close to 200 K in profit.”

“If we get to 1.5 million dollars in ARR till the end of 2025 we're gonna buy a nice car. And we got there in, like, four weeks”

“I think there was like two weeks between, no, a week between having, like being on a pace of like, 20 users a day to seeing 4000 users come into your product, like new users a day break the product.”

“It's like, okay, there's like the AD mil that got published. That's the initial payment. And then there's this air note piece, which is really interesting because I think they weak structure the deal in a really win-win situation. But then a lot of my compensa…”

“Actually a product person. Yeah, well, it's someone was, I have, I've been working with a lot and he's like a jack of all trades. So he can go into like LLM logs and look at like mistakes and fix the prompts. He can write a Python script to analyze things that…”