Jason Lemkin discusses how AI has disrupted the long-term moats and software durability that legacy SaaS companies relied on.
Opinion
Lemkin: Jony Ive's $6B AI device valuation is a great bet
“And then, you know, people think this Johnny Ive thing for six billion is crazy. It's a great bet because we're going to go from 20 minutes a day, 22 minutes a day in ChatGPT to 24 hours a day in ChatGPT.”
Prediction Not checkable as stated
Lemkin: Traditional B2B SaaS interfaces and CRMs are going to die
“And when we're in ChatGPT 24 hours a day, we're not going to like pull up a CRM. We're not going to use the interfaces. Like these interfaces are all Already dying. You can see it, Sam. And then the amount of time you spend in GPT, like then go to like a B to …”
Opinion
Lemkin: Founders without AI clarity should cash out $5M to $10M now
“The smartest play, if you can possibly pull it off today, is to go make five or ten million, cash out, and just chill. Because you can't predict where it's gonna go. Like, this is, the world's gonna, like, whatever you could do to liquidate your assets now, th…”
Prediction Didn’t hold up
Lemkin: There will be no BDRs in one year
“There will be no BDRs in a year.”
Assertion Not checkable as stated
Lemkin: Unemployed tech workers rejected jobs under $200k requiring direct individual work
“Enough that I had like a micro connection that had been out of work for six months and I gave them jobs. All of them in the end basically said, I want to make 200 K or more only to do meetings or manage teams. None of them were willing to do any work themselve…”
Prediction Not checkable as stated
Lemkin: Enterprise AI software will shock users within 24 months
“This is why your jaw is going to drop over the next 24 months, because just mediocre engineers cannot, like the engineers at OpenAI are so good. They're just so good. And so, but the average engineer working at a struggling CRM, right, it's just not that, that…”