Intercom

17 statements across 1 episodes · 9 bullish · 4 bearish · 1 people on the record · first statement Sep 5, 2024 by Eoghan McCabe · said 35 times in 5 episodes since 2023 · across every show →

Mentions by year

brought up most by Eoghan McCabe (16), Brett Berson (15), Varun Anand (1), Ryan Glasgow (1), Kareem Amin (1), Dennis Pilarinos (1)

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Everything said about Intercom, oldest first

Sep 5, 2024 negative
Insight
McCabe: Prescriptive advice is incompatible with building billion-dollar companies
“Telling someone else how to run their very unique business is incompatible with the idea that their goal is to build, you know, a billion dollar enterprise by virtue of the fact that it's different from everything else. Those two ideas are incompatible.”
Eoghan McCabe Sep 5, 2024 ▶ 10:47 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024
Disclosure
McCabe: Cut Intercom headcount by 27% and removed most HR upon return
“When I went back, I decreased the size of the company by 27%. Got rid of most of HR. Got rid of most of our policies and practices and all the grown-up stuff.”
Eoghan McCabe Sep 5, 2024 ▶ 37:08 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024 positive
Assertion Not checkable as stated
McCabe: Intercom AI bot resolves 48% of tickets vs Zendesk's 29%
“Zendesk Bot has a resolution rate of 29% or high twenties by our benchmark, which is the rate at which it successfully closes the ticket. Ours is currently 48% and that's what a year head start gets you.”
Eoghan McCabe Sep 5, 2024 ▶ 52:13 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024 negative
Opinion
McCabe: Servant leadership and 'leading from behind' is performative posturing
“And I don't mean that like lead from behind, like service CEO. I think that's a bunch of ego bullshit. People say that try and look good and look cool. My humble opinion.”
Eoghan McCabe Sep 5, 2024 ▶ 1:10:24 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024 positive
Prediction Not checkable as stated
McCabe: Customer service work done by human seats will be replaced by AI
“AI is about to do the exact same in every category particularly categories of software for people to do work. So customer service, which is the one I focus on and obsess about for a living is about to be fundamentally changed because the work of customer servi…”
Eoghan McCabe Sep 5, 2024 ▶ 57:32 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024 positive
Disclosure
McCabe: Intercom eliminated peer and self-reviews for formulaic values-based evaluation
“When I went back to Intercom, I found a culture I didn't like. And I ripped up the old values, wrote new values. And rather than these values be motivational posters, and I did specifically design them tongue-in-cheek as motivational posters I made them execut…”
Eoghan McCabe Sep 5, 2024 ▶ 19:22 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024 negative
Opinion
Forcing sales contracts over self-serve hurt Intercom in the long term
“The co-commercial strategy of the company moved away from our intuition, which was customer friendly, self-serve, cheap and cheerful, sell to small companies to you must talk to sales. You must sign a contract. We will twist your arm every time you want to use…”
Eoghan McCabe Sep 5, 2024 ▶ 8:27 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024 bullish
Assertion Partly supported
Intercom shipped the first AI service agent a year before Zendesk
“We shipped the world's first AI service agent in March, 23, a whole year and change ahead of Zendesk and HubSpot and all the incumbents.”
Eoghan McCabe Sep 5, 2024 ▶ 51:24 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024
Assertion Not checkable as stated
McCabe: Every VC met in 2011 said $100M SMB revenue was impossible
“When I started Intercom and was raising a seed around in 20 11, every single venture capitalist I met, and you remember that kind of era, told me that you can't build a hundred million dollar revenue business in SMB. Like, it cannot be done.”
Eoghan McCabe Sep 5, 2024 ▶ 5:31 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024 positive
Disclosure
McCabe: Intercom enforces quarterly bottom-tier quotas with fast-track termination PIPs
“So imagine two percent of people got the bottom rating, but I, my, by my own appraisal, look around the organization and say, this is not good enough. I want three, four, five percent of people to get the bottom rating. Then you're very prescriptive about what…”
Eoghan McCabe Sep 5, 2024 ▶ 20:50 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024 negative
Insight
McCabe: Employees who complain about non-company issues are bad culture fits
“Hey, it turns out that the employees who would constantly complain about things not related to the company are actually not a good fit and not the type of people that we need to be really successful.”
Eoghan McCabe Sep 5, 2024 ▶ 4:16 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024
Assertion Not checkable as stated
McCabe: Intercom raised its Series A at $23K in MRR
“We raised our series A when we had 23 K M or I specifically remember that”
Eoghan McCabe Sep 5, 2024 ▶ 6:52 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024 positive
Assertion Not checkable as stated
McCabe: Intercom scored in high 90s percentile on employee survey
“We ran a An anonymous employee survey three months ago. We had 16 questions, and the questions were, you know I agree with the leadership of this company, and they will make us successful. I agree with our new policies. I agree with our new values. I agree wit…”
Eoghan McCabe Sep 5, 2024 ▶ 40:20 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024
Assertion Not checkable as stated
McCabe: Intercom pull requests rose 41% in 12 months after CEO return
“In the 12 months after I went back pull requests, which are the kind of atomic component of shipped code, were up 41% over the 12 months prior.”
Eoghan McCabe Sep 5, 2024 ▶ 37:34 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024 bullish
Assertion Not checkable as stated
McCabe: Intercom reversed logo decline and accelerated revenue growth
“We're now seeing it in our numbers, we've got like six or seven quarters of accelerating Aurora growth Our logos were decreasing for two years. Now we've like turned that around and like total number of logos are now increasing for six months.”
Eoghan McCabe Sep 5, 2024 ▶ 41:38 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024 bullish
Prediction Not checkable as stated
McCabe: Intercom will be completely done if AI is all hype
“We're certainly betting the entire company on AI. If AI turns out to be all hype, we're done. Completely done.”
Eoghan McCabe Sep 5, 2024 ▶ 31:26 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
Sep 5, 2024 positive
Disclosure
McCabe: Intercom stack ranks all employees quarterly using an algebraic score
“The manager simply rates the employee's performance against their goals for the quarter, because we set goals every quarter, and their behavior against each value from one to five. Plugs that into a little form. Some very basic algebra is done. Spits out a num…”
Eoghan McCabe Sep 5, 2024 ▶ 20:09 Rebooting Intercom: Eoghan McCabe on Defying Silicon Valley Orthodoxy | Co-founder & CEO
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