Stack Overflow CEO Prashanth Chandrasekar recounts how Microsoft became the first enterprise customer for Stack Overflow for Teams.
Assertion Partly supported
Survey: 70% of developers want AI tools, but only 40% trust them
“When we went and did a bunch of, ah, surveys, ah, in our user base, a 100,000 people responded and said, you know, 70% of them wanted to use AI tools for software development or for something related to technology development, but only 40% of them trusted what…”
Assertion Partly supported
Stack Overflow went from zero to 70% recurring revenue since 2018
“So over 60% we have about, probably close to now 70% of our company's revenues are recurring, and they were actually non-recur, they were not recurring revenues when I started in 2018.”
Disclosure
Google Gemini attributes and links to Stack Overflow contributors via API
“We launched this program called Overflow API, and the first company that basically engaged with us is, ah, Google, and so now all Stack Overflow content, when used within Gemini's AI capability, will show up in their AI tools with links to Stack Overflow back …”
Assertion Not publicly verifiable
Stack Overflow for Teams charges $18–$19 monthly per enterprise seat
“They pay, I won't say specifically Microsoft, but generally speaking, it has multiple tiers, so the enterprise tier is anywhere, it's close to about 18, 19 dollars or so per seat per month,”
Assertion Supported
Stack Overflow generates more than $100 million in annual revenue
“It's certainly over a hundred million.”
Disclosure
The 2020 hiring freeze drove Stack Overflow's pivot to enterprise SaaS
“I joined in 2019, and immediately, you know, the pandemic in early 2020 hit, and then we saw that very directly. You know, we had Talent job listings. People stop hiring. So why would you actually put job listings? And then why would you actually advertise on …”