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Daniel Khachab

๐Ÿ‘ค Speaker
597 total appearances

Appearances Over Time

Podcast Appearances

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

So here we come to the downsides, right? So I think everything you say is true. However, we also outlived something like COVID because we were doing this strategy. We also kind of came, I don't want to say smooth sailing, like we had our tough patches certainly during the high interest rate area, but also through that we came because we just took the money.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

So here we come to the downsides, right? So I think everything you say is true. However, we also outlived something like COVID because we were doing this strategy. We also kind of came, I don't want to say smooth sailing, like we had our tough patches certainly during the high interest rate area, but also through that we came because we just took the money.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

Now, the real downside to me is that it's at one billion mark because once we become unicorn and people think, oh, we've made it, we're great now, kind of people get less hungry. And then you get applications of people who look for a safe space to work. It's like, no, fuck it. We're not safe. Like we're at high risk. We're going to work our butts off. We have to take risks.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

Now, the real downside to me is that it's at one billion mark because once we become unicorn and people think, oh, we've made it, we're great now, kind of people get less hungry. And then you get applications of people who look for a safe space to work. It's like, no, fuck it. We're not safe. Like we're at high risk. We're going to work our butts off. We have to take risks.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

Now, the real downside to me is that it's at one billion mark because once we become unicorn and people think, oh, we've made it, we're great now, kind of people get less hungry. And then you get applications of people who look for a safe space to work. It's like, no, fuck it. We're not safe. Like we're at high risk. We're going to work our butts off. We have to take risks.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

It's going to be chaos and you're going to need to thrive on it. And it's going to be a lot of change. We're not a little change company now just because we crossed. And also, who the fuck wants to be a rainbow-colored pony? I don't want to be a unicorn. Just that cultural component is... And I remember we made the mistake and we did a unicorn party. I wish we would have never done it.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

It's going to be chaos and you're going to need to thrive on it. And it's going to be a lot of change. We're not a little change company now just because we crossed. And also, who the fuck wants to be a rainbow-colored pony? I don't want to be a unicorn. Just that cultural component is... And I remember we made the mistake and we did a unicorn party. I wish we would have never done it.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

It's going to be chaos and you're going to need to thrive on it. And it's going to be a lot of change. We're not a little change company now just because we crossed. And also, who the fuck wants to be a rainbow-colored pony? I don't want to be a unicorn. Just that cultural component is... And I remember we made the mistake and we did a unicorn party. I wish we would have never done it.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

And then we had flags. And then I realized what it changed in people. And then two weeks later, I told everyone, remove those flags in all of our offices and trash them. We're not done. That's definitely what I regret.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

And then we had flags. And then I realized what it changed in people. And then two weeks later, I told everyone, remove those flags in all of our offices and trash them. We're not done. That's definitely what I regret.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

And then we had flags. And then I realized what it changed in people. And then two weeks later, I told everyone, remove those flags in all of our offices and trash them. We're not done. That's definitely what I regret.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

Yeah. And I think that's a fantastic mindset. You know, Dan Rose, one of our board members at CodeHue, and he told me once I met him the first time in flesh again after COVID, he told me, you were the only company in our portfolio that suffered from COVID. All of the others went bonkers. food delivery and quick commerce at that point in time.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

Yeah. And I think that's a fantastic mindset. You know, Dan Rose, one of our board members at CodeHue, and he told me once I met him the first time in flesh again after COVID, he told me, you were the only company in our portfolio that suffered from COVID. All of the others went bonkers. food delivery and quick commerce at that point in time.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

Yeah. And I think that's a fantastic mindset. You know, Dan Rose, one of our board members at CodeHue, and he told me once I met him the first time in flesh again after COVID, he told me, you were the only company in our portfolio that suffered from COVID. All of the others went bonkers. food delivery and quick commerce at that point in time.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

And many other companies just had so much growth and so much equity value was built. Our equity value was destroyed because of COVID. Like we just came out of a really, really tough patch. We were working 17 hours a day. Again, we started smoking and it's just, it's been tough for most of our people. And we probably also did partly just because like, okay, like it's over. We survived.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

And many other companies just had so much growth and so much equity value was built. Our equity value was destroyed because of COVID. Like we just came out of a really, really tough patch. We were working 17 hours a day. Again, we started smoking and it's just, it's been tough for most of our people. And we probably also did partly just because like, okay, like it's over. We survived.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

And many other companies just had so much growth and so much equity value was built. Our equity value was destroyed because of COVID. Like we just came out of a really, really tough patch. We were working 17 hours a day. Again, we started smoking and it's just, it's been tough for most of our people. And we probably also did partly just because like, okay, like it's over. We survived.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

So I guess it's partly as an excuse how we did the party.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

So I guess it's partly as an excuse how we did the party.

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco

So I guess it's partly as an excuse how we did the party.