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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

Like we need to focus on what we are doing and not focus on winning against competition, but like achieving our mission and doing it as fast as possible. So I think that intrinsic motivation still has to be number one. You know, I'd rather think like the kind of the extrinsic one, like the competition, the market, that it has to be like a far two.

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

Like we need to focus on what we are doing and not focus on winning against competition, but like achieving our mission and doing it as fast as possible. So I think that intrinsic motivation still has to be number one. You know, I'd rather think like the kind of the extrinsic one, like the competition, the market, that it has to be like a far two.

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

Like we need to focus on what we are doing and not focus on winning against competition, but like achieving our mission and doing it as fast as possible. So I think that intrinsic motivation still has to be number one. You know, I'd rather think like the kind of the extrinsic one, like the competition, the market, that it has to be like a far two.

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

I do believe only AI first companies will win. And by AI first, I mean that a majority of your total revenue or of your new revenue has to come from an AI product. Why? Because you're going to be more capital efficient. You can provide more user value. It's just fast adoption curve.

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

I do believe only AI first companies will win. And by AI first, I mean that a majority of your total revenue or of your new revenue has to come from an AI product. Why? Because you're going to be more capital efficient. You can provide more user value. It's just fast adoption curve.

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

I do believe only AI first companies will win. And by AI first, I mean that a majority of your total revenue or of your new revenue has to come from an AI product. Why? Because you're going to be more capital efficient. You can provide more user value. It's just fast adoption curve.

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 on top of that, kind of using AI internally, so revenue is kind of more external to product, but using it internally to get more productive to automate things. It's just going to be the required status quo. A company with a social media account won't become a social media company. It's just a requirement of an Instagram account just to hold the status quo of a company.

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 on top of that, kind of using AI internally, so revenue is kind of more external to product, but using it internally to get more productive to automate things. It's just going to be the required status quo. A company with a social media account won't become a social media company. It's just a requirement of an Instagram account just to hold the status quo of a company.

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 on top of that, kind of using AI internally, so revenue is kind of more external to product, but using it internally to get more productive to automate things. It's just going to be the required status quo. A company with a social media account won't become a social media company. It's just a requirement of an Instagram account just to hold the status quo of a company.

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 companies that automate the process of AI, we don't call them AI-enabled. We just call them a company in the future.

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 companies that automate the process of AI, we don't call them AI-enabled. We just call them a company in the future.

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 companies that automate the process of AI, we don't call them AI-enabled. We just call them a company in the future.

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

I think we're in a very competitive situation, so I don't think we like talking about it. But I can tell you our GMV, since this AI transition grew like tremendously, I think it took us with kind of like the two years of COVID break, it took us probably five years to get to one and a half billion-ish. And it took us then less than yet at another billion.

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

I think we're in a very competitive situation, so I don't think we like talking about it. But I can tell you our GMV, since this AI transition grew like tremendously, I think it took us with kind of like the two years of COVID break, it took us probably five years to get to one and a half billion-ish. And it took us then less than yet at another billion.

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

I think we're in a very competitive situation, so I don't think we like talking about it. But I can tell you our GMV, since this AI transition grew like tremendously, I think it took us with kind of like the two years of COVID break, it took us probably five years to get to one and a half billion-ish. And it took us then less than yet at another billion.

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 don't want to miss it. Like, I always tell our people kind of like, hey, you know, running a company is like, you know, we need to cross a jungle, okay? And then we're here and then there's a jungle and we need to go to the other side and we have different jobs and some people need to cook and some people need to carry and some people need to build tents.

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 don't want to miss it. Like, I always tell our people kind of like, hey, you know, running a company is like, you know, we need to cross a jungle, okay? And then we're here and then there's a jungle and we need to go to the other side and we have different jobs and some people need to cook and some people need to carry and some people need to build tents.

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 don't want to miss it. Like, I always tell our people kind of like, hey, you know, running a company is like, you know, we need to cross a jungle, okay? And then we're here and then there's a jungle and we need to go to the other side and we have different jobs and some people need to cook and some people need to carry and some people need to build tents.

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 sometimes, you know, it's fantastic. You're like on the top of a mountain and the sun is rising and the birds are chirping. It's just beautiful. And sometimes it's just raining for three days. It's cold. We're all wet. We're hungry. Don't find food. And right then, middle of the night, we do cross a river full of piranhas and crocodiles. And we're like, fuck.

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 sometimes, you know, it's fantastic. You're like on the top of a mountain and the sun is rising and the birds are chirping. It's just beautiful. And sometimes it's just raining for three days. It's cold. We're all wet. We're hungry. Don't find food. And right then, middle of the night, we do cross a river full of piranhas and crocodiles. And we're like, fuck.