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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

I don't think so because AI today, like even the best LLM, won't enable you to build something like Salesforce fairly quickly. There's so much code, so much customization in there. Even if it would, then you would have to maintain it. And suddenly you need engineering resources to maintain an internal tool as opposed to engineering resources like building useful stuff for customers.

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

But the people using it, I think maybe. And, you know, what Klana, I think, part ways with 700 people in customer care. And I think these are very, very tough and horrible conversations that are there to be had. And the same will help for us, really. We also automate a large part of our customer care, large part of our kind of more account management kind of work and replace it with AI.

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

But the people using it, I think maybe. And, you know, what Klana, I think, part ways with 700 people in customer care. And I think these are very, very tough and horrible conversations that are there to be had. And the same will help for us, really. We also automate a large part of our customer care, large part of our kind of more account management kind of work and replace it with AI.

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

But the people using it, I think maybe. And, you know, what Klana, I think, part ways with 700 people in customer care. And I think these are very, very tough and horrible conversations that are there to be had. And the same will help for us, really. We also automate a large part of our customer care, large part of our kind of more account management kind of work and replace it with AI.

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

How many people did you let go? Hundreds.

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

How many people did you let go? Hundreds.

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

How many people did you let go? Hundreds.

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, I think first you got to stomach it, right? Because like you have to do it. You're a business and you operate within the rules of business and that thing is going to make you so much more cash efficient, particularly an unprofitable venture. It's so important. But then these conversations are a different animal, right?

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, I think first you got to stomach it, right? Because like you have to do it. You're a business and you operate within the rules of business and that thing is going to make you so much more cash efficient, particularly an unprofitable venture. It's so important. But then these conversations are a different animal, right?

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, I think first you got to stomach it, right? Because like you have to do it. You're a business and you operate within the rules of business and that thing is going to make you so much more cash efficient, particularly an unprofitable venture. It's so important. But then these conversations are a different animal, right?

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

Because you got to go to someone who's a fantastic person, who is eventually also like a fantastic performer, who's a high performer. And you got to sit down and you say, I'm really sorry. Essentially, I is taking your job. And that's a horrible conversation. And that conversation is obviously way different as in, hey, look, mate, there were certain goals. We gave you feedback.

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

Because you got to go to someone who's a fantastic person, who is eventually also like a fantastic performer, who's a high performer. And you got to sit down and you say, I'm really sorry. Essentially, I is taking your job. And that's a horrible conversation. And that conversation is obviously way different as in, hey, look, mate, there were certain goals. We gave you feedback.

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

Because you got to go to someone who's a fantastic person, who is eventually also like a fantastic performer, who's a high performer. And you got to sit down and you say, I'm really sorry. Essentially, I is taking your job. And that's a horrible conversation. And that conversation is obviously way different as in, hey, look, mate, there were certain goals. We gave you feedback.

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

You didn't meet it over months. It's a different animal. It hurts way more. Of course, then people understand it also more from a rational perspective. It's still crap for them, but you got to do it. How do they respond? I think oddly enough, most people understood 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

You didn't meet it over months. It's a different animal. It hurts way more. Of course, then people understand it also more from a rational perspective. It's still crap for them, but you got to do it. How do they respond? I think oddly enough, most people understood 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

You didn't meet it over months. It's a different animal. It hurts way more. Of course, then people understand it also more from a rational perspective. It's still crap for them, but you got to do it. How do they respond? I think oddly enough, most people understood 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

I mean, kind of once you as a company really embrace AI and everyone understands that it's important for you, I think the people will already start to have a sentiment. Maybe it's not panic. They will understand, hey, it's a matter of 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

I mean, kind of once you as a company really embrace AI and everyone understands that it's important for you, I think the people will already start to have a sentiment. Maybe it's not panic. They will understand, hey, it's a matter of 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

I mean, kind of once you as a company really embrace AI and everyone understands that it's important for you, I think the people will already start to have a sentiment. Maybe it's not panic. They will understand, hey, it's a matter of 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

A hundred percent. And I think, you know, our first responsibility actually is as our vision, like that's what we need to get that a mission, which is the reason why a company should exist in the first place. And we need to have every single decision that we make increase the probability of us achieving that mission. And sometimes it's an easy decision.