Jason M. Lemkin's team at SaaStr uses AI for logo design, video production, and podcast creation to produce more output with fewer people. He says $100-billion SaaS companies hit growth ceilings because they stick to one product instead of expanding like Calendly did to reach $200M+ revenue.
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It is good advice. I mean, even, even Amelia, who runs Saastr with me now, we use so much AI across, like this logo, right? I mean, we have our designer here who's one of the best I've ever worked with, but this was done by AI. Almost all the drafts of this were done by AI. Our videos are done in this app called Higgsfield, right? Descript's AI does our podcast now. And so now we do a lot more podcasts and they're a lot better, right? There's so much AI writes like this session that we just did here. These will all get written up really well by our AI and they'll be much better than a human. So like, make sure everyone on your team is spending hours a day. Again, not just a recipe in Claude. And I don't know if that's helpful, but it's the best I could do for today. But thank you.
Yeah. You said yesterday that there are all these $100 billion revenue companies that have suddenly hit a wall. They're going, oh, hundreds. And hundreds. AI is maiming them. Yep. So can you dimension that maiming a little more? Is it more competitors moving faster? Yes. Is it internal build? Yes. Versus build versus buy, or is it the internal development process speeding up?
Why are they all slowed down?
Yeah. What's, what's driving this contact? What's the—
So it's probably compounding effects. First of all, one of the biggest, there's probably, there's probably two issues. The first two have, there's probably a bunch, but the first two have nothing to do with AI. One is too many didn't go multi-product. If you listen to Tope, I don't know if you're with Tope for Calendly. He's not telling you what's coming this year, but when you heard him say multi-product, they're well over $200 million.
I don't know where they are. I don't know if they're past $300 million, but they're well over $200 million. Multi-product is the game.
