dbt CEO Tristan Handy: The modern data stack concept is dead
Tristan Handy · Future of The Modern Analytics Stack | Tristan Handy, CEO of dbt · Feb 22, 2024 · at 9:55
Tristan Handy, co-founder and CEO of dbt Labs, reflects on why the term 'modern data stack' has lost technical specificity and market relevance.
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“I don't think the modern data stack is a useful idea anymore.”
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More from Tristan Handy
Handy: Hyperscalers build features for RFPs, not to kill independent tools
“When you talk to the folks at the hyperscalers, they will say, we are, we're like making sure that our solution is like covers all these different areas, but it's mostly not. Because we want to compete in these areas. It's mostly because people come to us with…”
Handy: Building in-house is often faster than M&A for data infrastructure
“Had to build, you know, there's like the iceberg, which is 10% above the water and you can see it. And then there's 90% below the water for a data company. The platform is the below the water part. And then the functionality that you build on that platform is …”
Tristan Handy: Software multiple expansion has shifted from modern data stack to AI
“If what you were trying to do is maximize the multiple that your software company was trading at, then AI is the enemy because all the multiple expansion has moved from modern data stack to AI.”
Handy: Social media pricing backlash did not cause mass dbt cancellations
“Our business as a result has not really had a hiccup. But if you only existed on Twitter or LinkedIn you would think that you know, our customers desired us on mass and we're every single one of them was livid and canceled, but that just like didn't happen.”