20VC: Monday.com CEO on Is SaaS Dead: Will Everything Be Vibe Coded | Will Systems of Record Become Valueless Databases in an Agentic World | Will LLMs Own the Value in the Application Layer with Eran Zinman

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What is the main topic discussed in this episode?

Eran Zinman 0:00
Some days I feel like I was ran over by a truck, hit by a plane, and barbecued, and it's just 11 a.m. What the market is saying to me is the company is worth zero. Okay, fine. Now I need to build. You know, screw it.

What are the biggest threats facing Monday.com today?

Eran Zinman 0:15
I'm going to go all in. I'm going to go all in.

How does vibe coding impact the future of software?

Eran Zinman 0:18
It's the biggest pivot moment for us in the history of the company. Nobody will want to buy software, they're not doing the majority of the work for them. We're changing everything, basically. The TAM of software, how much companies are going to spend on software, is going to be 100x for what it is today.

Will OpenAI and Anthropic dominate the application layer?

Harry Stebbings 0:35
The SaaSpocalypse is real, and no one has felt it more than Monday.com. With close to $1.3 billion in revenue, they're valued today at just $3.9 billion in the public markets. one of the hardest hit. Today, we sit down with Aaron Zinman to answer one question. In a world of agents, will Monday become a valueless database or does it have a future in an agent economy? But before we dive into the show today, as an investor, I'm always on the lookout for tools that really transform how I work. Tools that don't just save time but fundamentally change how I uncover insights. That's exactly what AlphaSense does. With the acquisition of Tegas, AlphaSense is now the ultimate research platform built for professionals who need insights they can trust fast.
Harry Stebbings 1:21
I've used Tegas before for company deep dives right here on the podcast.

How is Monday.com adapting to the rise of AI?

Harry Stebbings 1:24
It's been an incredible resource for expert insights, but now with AlphaSense leading the way, it combines those insights with premium content, top broker research, and cutting-edge generative AI. The result? A platform that works like a supercharged junior analyst, delivering trusted insights and analysis on demand. AlphaSense has completely reimagined fundamental research, helping you uncover opportunities from perspectives you didn't even know how they existed. It's faster, it's smarter, and it's built to give you the edge in every decision you make. To any VC listeners, don't miss your chance to try AlphaSense for free.

What changes are coming to Monday.com's pricing model?

Harry Stebbings 1:58
Visit alphasense.com forward slash 20 to unlock your trial. That's alphasense.com forward slash 20. While AlphaSense helps you find the signals that move markets, founders let's get real about the growth tax you've raised vc funding and you're scaling globally and it's no longer about shipping product it's about orchestrating operations across continents but suddenly your payments and finance stack is choking your growth you're logging into lots of different banking portals waiting days for transfers and reporting across entities it's operational drag and it's at your scale it's costing millions that's why i'm so excited to partner with air wallets air wallets are more than just a banking alternative to hsbc or city
Harry Stebbings 2:42
Airwallex brings you an intelligent financial operating system that powers how global businesses operate and grow, allowing you to manage and automate banking, treasury, payments, and spend. The most exciting part for me, they're heavily investing in agentic finance. If you're scaling globally, you need a banking and finance platform that's borderless, real-time, and intelligent. Check out Airwallex today and see how they're helping thousands of businesses like Canva, McLaren, and Deal scale at airwallex.com forward slash 20VC. Terms and conditions apply. Your monies are safeguarded, not FSCS protected. See airwallets.com for more details. While Airwallets makes global payments feel seamless, Vanta makes the security and compliance behind them seamless too.
Harry Stebbings 3:25
Security and compliance done wrong is a giant headache.

How is Monday.com managing internal morale during tough times?

Harry Stebbings 3:28
Security and compliance done right though? Well, that's Vanta. Vanta helps you earn trust and speed up growth. No spreadsheets required.

What advantages do private companies have over public ones?

Harry Stebbings 3:36
For startups low on time and resources, Vanta becomes your first security hire. using AI and automation to get you compliant fast and unblock really big deals. And if you're big enterprises, Vanta is your AI-powered hub for compliance and risk, bringing together data from across your business and automating workflows so you can prove trust at any moment.

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