Jeff Horing

How much better is Adobe that has a 3% market share of humans

to Photoshop and now could expand it to 20% because user interface and learning curve has gone down by an order of magnitude.

My suspicion is this is largely TAM expanding for the established companies.

They will build products as well.

I don't think it's a great use of time in most of the legacy apps to be trying to out

engineer them with a new product.

There's just more to that market than just the actual body of code that runs your core banking.

There's just a lot more going on.

I think we're still quite a ways away from even getting to the point where the speed to which you could build software is so dramatically better.

I don't care about beating other people so much as just satisfaction in my own success and winning.

So it's a different kind of drive than I think other people get.

I have friends who I play golf with.

I can't play without betting.

They can't have fun.

They can't try hard if they don't have something on the line.

That's how competitive they are, but they're competitive against me.

They want to beat me.

That's what drives them.

I'm like, I just want to get my own score as low as possible.

If you shoot a 65, I'm