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Jesse Zhang

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
968 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

But for you to actually have an FDE model, you need to have massive clients.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

And most people do not have massive clients.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

So I'm actually I'm kind of interested to see how that plays out, because I do think there's like a over indexing on this forward deployed engineering model right now where, yeah, I have a four point engineer and the deal sizes are like 50K.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

And that's something we think about a lot as well.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

We are very hands on with our customers, but I think it's like you have to think about things holistically.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

You have to think about like, OK, well, how do we scale quickly?

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

We don't have 50K clients, but for every 50K client, you have like someone that's like fully staffed to them.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

That's like impossible to scale.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

So you need to find that line in the middle.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

And I think the full forward deploy model only works with the Palantir approach.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

Yeah, it's not even a problem necessarily from the pure dollar margins.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

It just prevents you from scaling.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

No one can hire good people that fast.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

It's just hard to hire good people.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

So if your business is fully constrained on good people, then that's also not a good thing.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

Oh, probably a million.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

As I mentioned, our mutual friend, Scott, gave me a heads up here.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

So I did put a lot of thought into it.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

So when I was little, call it ages five to 13, like elementary, middle school, pretty like lazy kid in general.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

And most kids are, there's very few people that are just like intrinsically self-motivated.