dbt Labs

9 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Jul 13, 2023 by Julia Schottenstein · said 50 times in 2 episodes since 2023 · across every show →

Mentions by year

brought up most by Lenny Rachitsky (25), Julia Schottenstein (24), Naomi Ionita (1)

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2023 50 mentions in 2 episodes 25 per episode

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Everything said about dbt Labs, oldest first

Jul 13, 2023
Disclosure
Schottenstein: NEA lost the dbt Labs funding round to Sequoia
“Tristan said, we're gonna raise some money. He had a term sheet from a firm that he liked. It was a good venture fund. But he also liked me, and he wanted to give me a shot, and I was, like, super excited to get that message, like, this is my chance, and unfor…”
Julia Schottenstein Jul 13, 2023 ▶ 6:44 M&A, competition, pricing, and investing | Julia Schottenstein (dbt Labs)
Jul 13, 2023 neutral
Assertion Not checkable as stated
Schottenstein: dbt Cloud loses deals most often to dbt open source
“And when we lose a deal, we most often lose it to dbt open source.”
Julia Schottenstein Jul 13, 2023 ▶ 34:08 M&A, competition, pricing, and investing | Julia Schottenstein (dbt Labs)
Jul 13, 2023 positive
Assertion Partly supported
Schottenstein: Snowflake grew from a $4B to $12B valuation in 2019
“Like this was the year where Snowflake went From a four billion dollar company to a twelve billion dollar company.”
Julia Schottenstein Jul 13, 2023 ▶ 6:03 M&A, competition, pricing, and investing | Julia Schottenstein (dbt Labs)
Jul 13, 2023
Assertion Not checkable as stated
Schottenstein: dbt Cloud scheduler serves 8,000 companies and 10M monthly runs
“We have 8000 companies using our scheduler. We have to manage ten million runs per month.”
Julia Schottenstein Jul 13, 2023 ▶ 53:37 M&A, competition, pricing, and investing | Julia Schottenstein (dbt Labs)
Jul 13, 2023 positive
Disclosure
Schottenstein: dbt Labs will hold ground on transformation and semantic standards
“There are a few areas that we do want to hold our ground and that's in our transformation standard as well as our semantic standard because we believe those two are better served together for the user's sake.”
Julia Schottenstein Jul 13, 2023 ▶ 20:07 M&A, competition, pricing, and investing | Julia Schottenstein (dbt Labs)
Jul 13, 2023 positive
Assertion Supported
Schottenstein: 20,000 companies use dbt every single week
“20,000 companies using dbt every single week, and that attracts partners to want to build for dbt.”
Julia Schottenstein Jul 13, 2023 ▶ 23:30 M&A, competition, pricing, and investing | Julia Schottenstein (dbt Labs)
Jul 13, 2023 bullish
Disclosure
Schottenstein tried to invest 20% of her liquid net worth into dbt
“I was just so convicted that it was going to be a special company that I asked to even put my personal money in, and I asked to put, like, a very irresponsible, irrational amount nearly, like, 20% of my liquid net worth into DBT because I was so convinced that…”
Julia Schottenstein Jul 13, 2023 ▶ 7:06 M&A, competition, pricing, and investing | Julia Schottenstein (dbt Labs)
Jul 13, 2023 positive
Assertion Not checkable as stated
Schottenstein: dbt Labs charges far below its perceived 20-35% warehouse value
“When we talk about what is the value of dbtlabs to our customers, they often talk about how it's either 20 to 35% as valuable as what they spend on their cloud data warehouse. But what we charge our customers is a very small fraction of that 20 to 35%, and tha…”
Julia Schottenstein Jul 13, 2023 ▶ 33:16 M&A, competition, pricing, and investing | Julia Schottenstein (dbt Labs)
Jul 13, 2023
Disclosure
Schottenstein: dbt reserves stateful interactions and team collaboration for paid Cloud
“We think about dbt open source. It's really the guts of the data transformation. It's where you describe your business logic. And then on the cloud side, we build proprietary software that supercharges the development life cycle and the productionization of db…”
Julia Schottenstein Jul 13, 2023 ▶ 29:50 M&A, competition, pricing, and investing | Julia Schottenstein (dbt Labs)
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