The American Eater wins again.
INSANE finish of the LA Marathon just now.
AI disruption? Sell software stocks.
War in the Middle East? Sell software stocks.
Dogs and cats living together — mass hysteria? Sell software stocks.
It's been years since I've appeared on a podcast, but I recently joined my friend Sean Goldfaden from Coefficient Labs to riff on all things software, AI and startups.
www.youtube.com/watch?v=FmT8...
Every time you use AI to remove a bottleneck from a system you oversee, pay attention to where the bottleneck migrates next.
If the volume of software written is going to go up 10x or 100x, then the value of solution engineering will increase by a commensurate amount.
That our family replaced two ICE cars with EVs last year feels pretty, pretty good right about now.
Like passive investing, the benefits of AI will probably be worth the tradeoffs, but the tradeoffs will still be there.
Any process automated by AI will exhibit similarities to passive investing. It will have externalities that are self-reinforcing, obvious to observers, but impossible to stop.
I wonder how much the people running for California governor know how good the winner will have it. Three mega-IPOs will rain cash on Sacramento like never before.
No amount of money could buy the goodwill Anthropic earned this week.
Look, if you want me to attend your event, you've got to give it a more interesting title than "The Outcome of Q1."
From my seat, the nice thing about any potential distress in private credit is that it won’t extend into venture debt. I’ve seen far less activity in my portfolio since everyone’s favorite rate-sensitive bank went kaput.
I’m not an investor in Anthropic but I admire the principled stance they take when it comes to selling their software. May they never be forced to compromise.
Most common theme I'm seeing in AI pitches these days: revenue cycle management and billing optimization for every vertical.
Get ready to pay more, for everything.
None of this means SAAS is dead. Just that a lot of constraints have been lifted that will result in a proliferation of new apps.
No one will ever need to deal with misconfigured products ever again. No one will need to adjust their workflow to a vendor’s logic that is not applicable.
In demos from new startups and product updates from portfolio companies, I'm seeing everyone use AI to customize front ends, user-specific data schemas, and specific workflows for each individual customer.
Anthropic could be profitable today if they charged per press release. Short sellers and competitors would gladly pay for FUD this powerful.
I would like to report a chart crime.
Closing narrative gaps and presenting more effectively is at least somewhat straightforward to measure.
Improving decision results on the buy side is fraught with misattribution and conflation.
AI will make an impact on the former faster than the latter.
But I do think AI systems can help produce better decks. What works on the sell side isn’t necessarily symmetrical to what works on the buy side. Thinking through that asymmetry can help surface where AI will have the most impact.
I’ve been pitched AI systems to score pitch decks half a dozen times this month. But I’m skeptical. Alpha comes from surprise, from asides drawn out after five whys. This stuff just isn’t on decks.
The last time visual communication landed that well for me was Shepard Fairey’s poster in 2008.
The vibe of the Halftime Show
Best Super Bowl halftime since Left Shark. Knowing that most viewers couldn’t follow what was being said, they invested in the visuals and delivered.
I’m hoping my new “I averaged down in the SAASpocalypse of 2026” T-shirt looks good on me in a year.
That sound you hear is a million SPVs, all crying out for liquidity at once.
I think you should start your own branded card: Pearkes Perqs Visa
Their segment names confused me for a while. “Upload & print” is their collection of custom fulfillment brands targeting people with real design skills. Not people with a jpeg logo and a biz card order.
