Mike Cannon-Brookes and Jason M. Lemkin argue that companies should build new products fast to survive AI disruption. Most B2B SaaS CEOs are introspecting or quitting instead. Only the top tier are willing to push through and create.
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you gotta go build new products and technologies and services. Like the way I see it, we're gonna create our way out of this problem. We're not gonna like hide in a hole and like wait for it to go away. And, and part of that is accepting the reality of what's changed and also what's changed in a positive way. That always seems very negative. We can build things way faster and way better than we ever have been able to before. I think we talked, um, a year ago, whenever that was, Like if we refounded Atlassian today with 350,000 customers, 50,000 enterprise customers, couple of billion bucks in the bank and 10,000 people in R&D and a great distribution engine to get to all those customers and deliver new value, you'd be like, it's a pretty good starting point to start a business, right? Like let's go build some stuff, right?
You're right, Mike. When you talk about creating value, we as 3 VCs know exactly how you feel. Yeah, we are the value creators. Just to be clear, it's clear when Howie's been sarcastic.
I would say, I don't know what you think of your— I mean, your SaaS group's pretty elite, Mike, but I would say maybe only the best SaaS B2B CEOs are really up for that. A lot of them are introspecting. A lot of them— I talked to one that quit at the end of the year at hundreds of millions of revenue and said, I was told AI wasn't important in our space. That was, that was the goodbye message. And so not everyone has it in them to go through to push through this next wave. Maybe only the best. Maybe only the best do. Maybe, I mean, you're one of the best, right? We don't have to rank you.
And that's okay, right? I think we shouldn't, we shouldn't pass judgment on that.
