Text transcript

The Change Economy

AI Summit held on May 6–8
Disclaimer: This transcript was created using AI
  • 01:30:54.470 –> 01:30:58.310
    Julia Nimchinski: Welcome to Maduras and breath cleaner.

    551
    01:30:58.940 –> 01:31:01.119
    Julia Nimchinski: I believe you’re no strangers.

    552
    01:31:01.560 –> 01:31:03.040
    Brett Queener: Hey, Julia, how are you?

    553
    01:31:03.040 –> 01:31:03.600
    Tooba Durraze: Hey!

    554
    01:31:04.300 –> 01:31:08.540
    Julia Nimchinski: Nice tua, take it away.

    555
    01:31:09.590 –> 01:31:28.770
    Tooba Durraze: Yeah, thanks, Julia. Well, thanks everyone for being here today. My name is Tuba. I’m the CEO and founder of me by AI. Also a geek by nature, by training super excited to be here talking to Brett, let me pass it over to Brett to give a quick introduction to himself. So, Brett, over to you.

    556
    01:31:29.330 –> 01:31:45.689
    Brett Queener: Sure. Hi, I’m Brett Queener. I’m a partner at bonfire ventures. We’ve got about a billion under management. We invest in seed stage software companies B, 2 B primarily at the application layer. But part of this conversation might be, what is the application layer anymore?

    557
    01:31:45.790 –> 01:31:48.610
    Brett Queener: Been here about 6 years prior to bonfire.

    558
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    Brett Queener: I’m old as dirt 25 years at software companies.

    559
    01:31:54.090 –> 01:32:05.838
    Brett Queener: work the 2 fastest growing software companies of their era, a company called Sibo systems, and then spent 11 and a half years at Salesforce, where I built go to market, ran operations and ran all of product

    560
    01:32:06.620 –> 01:32:09.859
    Brett Queener: and then I was a co-founder and coo of a

    561
    01:32:10.070 –> 01:32:20.879
    Brett Queener: a company called Smart Recruiters. Probably the hardest space any founder could go into selling recruiting technology, but that company is north of 100 million dollars in revenue, and on its way.

    562
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    Tooba Durraze: Awesome thanks. So much for that.

    563
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    Tooba Durraze: I kind of want to dive into your thesis today. The change economy, thesis.

    564
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    Tooba Durraze: So 1st and foremost for everyone who hasn’t read that

    565
    01:32:36.120 –> 01:32:56.360
    Tooba Durraze: find a link subscribe to breadth substract. It’s great writing. I would definitely read that. But let’s think about how you’ve written about how we’re no longer in a knowledge economy, but a change economy. And you talk about basically where the pace of innovation isn’t fast. But it’s sort of compounding on top of each other.

    566
    01:32:56.380 –> 01:33:11.690
    Tooba Durraze: So for everyone else who hasn’t read it, can you just quickly walk us through your thesis? And then I think one question I have is specifically around, what do you think fundamentally shifts when change becomes the default operating condition of the company?

    567
    01:33:12.290 –> 01:33:15.144
    Brett Queener: And thank you, Tuba, for doing this.

    568
    01:33:18.380 –> 01:33:27.979
    Brett Queener: I write. It’s a little bit long form. It’s primarily for founders. It’s on my sub stack. It’s not for Pr. I primarily write to name my anxiety

    569
    01:33:28.300 –> 01:33:36.677
    Brett Queener: when I’m meeting with companies, and I’m observing what’s going on. And I can’t name it. I write to name the anxiety. It’s my therapy

    570
    01:33:37.780 –> 01:33:48.159
    Brett Queener: and we’ve always said in technology, Hey, go fast, ship fast, go hard. Okay, that’s great. We all should go hard and fast. But I’ve been in software for

    571
    01:33:48.530 –> 01:33:55.320
    Brett Queener: 25 years, and for time immemorial. The way in which we’ve run those companies

    572
    01:33:55.770 –> 01:34:02.760
    Brett Queener: is with the assumption that market impacting substantive product innovation happens probably once a year.

    573
    01:34:03.090 –> 01:34:11.240
    Brett Queener: You know, if you think about it, there’s a dreamforce, whatever. There’s a Hubspot force. There’s an outreach world like once a year, the big announcement.

    574
    01:34:11.793 –> 01:34:13.709
    Brett Queener: And sometimes twice a year.

    575
    01:34:14.550 –> 01:34:19.460
    Brett Queener: but AI, and specifically in 2 situations, one, the pace at which you can build

    576
    01:34:20.110 –> 01:34:28.430
    Brett Queener: 2. How many less screens you have to build that no users we’re going to use anyways have to be built changes all.

    577
    01:34:28.740 –> 01:34:35.210
    Brett Queener: So your products can and likely have to be significantly more impactful.

    578
    01:34:36.160 –> 01:34:38.069
    Brett Queener: I would say, at least each month.

    579
    01:34:38.490 –> 01:34:44.149
    Brett Queener: And so in my mind, the change economy is really like when I think about the next. Era’s winners

    580
    01:34:44.300 –> 01:35:11.320
    Brett Queener: are the ones rethink sort of the tried and true traditional Saas playbook into one that works for this new reality. And it’s kind of exciting, because, like, when we worked work at salesforce, no one sold software as a service, you would never sell software direct to every segment of the market, and there was a playbook. There were no blogs to read, no conferences to attend, so we had to kind of make this shit up. And I’m watching this happen right now. And that’s really what the change economy is about.

    581
    01:35:12.430 –> 01:35:32.790
    Tooba Durraze: No, that’s great. And I think one of the questions I have is from the outside. It appears, okay. There’s a lot of iteration and change happening. But sometimes we know the actual product and engineering teams fall a little bit behind the marketing schedule per se. How do you think the product and engineering teams now need to rethink

    582
    01:35:33.124 –> 01:35:45.069
    Tooba Durraze: their development in order to keep pace, especially when feedback loops are like so much shorter now. But the stakes are higher in terms of. If you’re not delivering a lot of product fast, you’re no longer relevant.

    583
    01:35:45.200 –> 01:35:48.319
    Brett Queener: I think what’s interesting. You made a comment there like falling behind market.

    584
    01:35:49.580 –> 01:35:57.739
    Brett Queener: and it’s always been kind of the case. Marketing wants this sales wants this. What’s going on? Product team? I think we have to think about it. It kind of starts with product and engineering. First.st

    585
    01:35:57.880 –> 01:36:01.459
    Tooba Durraze: The really interesting thing about this agentic world, and a lot of.

    586
    01:36:02.290 –> 01:36:07.609
    Brett Queener: Writings on that over the last year, which is really exciting because you actually have product, that’s useful.

    587
    01:36:07.740 –> 01:36:12.540
    Brett Queener: actually help somebody do their job. I think it starts 1st and foremost

    588
    01:36:12.880 –> 01:36:19.190
    Brett Queener: with product and engineering. Now, I think what is interesting is what I’m seeing in

    589
    01:36:19.530 –> 01:36:35.039
    Brett Queener: product and engineering organizations for those that are kind of at the AI native pace. And look, if you’re a larger corporation with a large monolithic code base, we understand you can’t go on lovable dot dev, and just roll out code right? And you sell the enterprise. There’s a transition

    590
    01:36:36.510 –> 01:36:39.099
    Brett Queener: And so for me, it all starts with product.

    591
    01:36:41.570 –> 01:36:45.380
    Brett Queener: Because in my mind you either have an agentic product that

    592
    01:36:46.040 –> 01:36:52.369
    Brett Queener: that sort of immediately wows a prospect about a better way for their jobs to be done, or you don’t.

    593
    01:36:52.710 –> 01:36:54.120
    Brett Queener: That’s sort of the baseline.

    594
    01:36:55.550 –> 01:36:58.520
    Brett Queener: And so within that, what’s really interesting is, I think.

    595
    01:36:58.840 –> 01:37:02.990
    Brett Queener: what I’m seeing is product in Dev and success orgs.

    596
    01:37:03.840 –> 01:37:17.649
    Brett Queener: Even early out of the gate, we’d be like, Okay, here’s your product org. Here’s your dev org. Okay, how does dev do? Qa, okay? And then there’s A, so there’s a support org that kind of lives in dev, and then you move it out to success. They’re all kind of becoming munched

    597
    01:37:18.656 –> 01:37:20.039
    Brett Queener: into sort of one

    598
    01:37:20.320 –> 01:37:32.199
    Brett Queener: collaborative, collective being. What is really interesting and exciting was the hardest thing in running startups in my past was. As you got larger the Devs got farther abstracted away from the customer problem.

    599
    01:37:32.200 –> 01:37:32.860
    Tooba Durraze: Yeah.

    600
    01:37:32.860 –> 01:37:37.320
    Brett Queener: And it was very hard to keep them motivated and around the impact. Where that is.

    601
    01:37:37.510 –> 01:37:43.129
    Brett Queener: that is not the case of what I’m seeing these orgs? And so

    602
    01:37:44.640 –> 01:37:48.109
    Brett Queener: I think within this, there’s a couple of things we have to think about one.

    603
    01:37:48.510 –> 01:37:51.980
    Brett Queener: the biggest changes we have to take, the definition of done.

    604
    01:37:53.050 –> 01:37:56.770
    Brett Queener: You know, when I started in software, there was waterfall. And then we got to Agile.

    605
    01:37:56.890 –> 01:38:00.890
    Brett Queener: Yeah, we can talk about Mvp. Or Amazon talked about. Minimum, lovable product

    606
    01:38:01.430 –> 01:38:09.109
    Brett Queener: done? Is not I delivered a feature as scoped and designed, that met some quality test

    607
    01:38:09.720 –> 01:38:14.570
    Brett Queener: done? Is, does your product deliver on the promise of the job to be done

    608
    01:38:15.060 –> 01:38:18.970
    Brett Queener: that your customer expects for you to do for them, either in an assistant

    609
    01:38:19.350 –> 01:38:26.334
    Brett Queener: co-pilot assistant manner. It’s helping a human being, or independently like something replaces workflow.

    610
    01:38:28.000 –> 01:38:32.300
    Brett Queener: I also think that we have to define where scarcity lives. Now.

    611
    01:38:32.800 –> 01:38:33.260
    Tooba Durraze: Yep.

    612
    01:38:33.260 –> 01:38:40.040
    Brett Queener: Historically. The way we’ve run teams is that scarcity was tech talent, dev talent.

    613
    01:38:40.635 –> 01:38:45.839
    Brett Queener: So we wanted to make sure that products spent all their time getting the stuff right.

    614
    01:38:46.100 –> 01:38:53.430
    Tooba Durraze: We use Jira to do T-shirt, Sizing and allocations and the rest of it that’s not the scarcity now

    615
    01:38:55.310 –> 01:39:01.400
    Brett Queener: The scarcity is the ability of the combined organization to quickly out iterate the competition in delivering these jobs to be done

    616
    01:39:02.920 –> 01:39:11.029
    Brett Queener: or delivering more jobs. That’s that’s it. That’s your scarcity. Can these, as a collective unit out, deliver in an iterative way?

    617
    01:39:12.167 –> 01:39:16.520
    Brett Queener: The competition? So that’s kind of how I

    618
    01:39:16.660 –> 01:39:20.230
    Brett Queener: I think about it, I mean, do you wanna maybe some follow up questions there because you know me. I can.

    619
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    Tooba Durraze: Yeah.

    620
    01:39:20.830 –> 01:39:21.330
    Brett Queener: Where do you.

    621
    01:39:21.330 –> 01:39:22.179
    Tooba Durraze: Have one that’s sticky.

    622
    01:39:22.525 –> 01:39:24.599
    Brett Queener: I can go on for hours.

    623
    01:39:24.600 –> 01:39:32.130
    Tooba Durraze: I have one that’s based on what you said. There’s something that stuck out to me, which is the definition of done has changed.

    624
    01:39:32.635 –> 01:39:50.839
    Tooba Durraze: I’m wondering in your experience. Has the expectation of what the definition of done is, has that changed for the other side? For the customers, especially enterprise customers. Do you find more enterprise customers and companies now being okay with less refined, less fully baked products.

    625
    01:39:53.057 –> 01:39:56.530
    Brett Queener: I have seen that. I think this is a phase.

    626
    01:39:57.074 –> 01:40:22.619
    Brett Queener: I think a lot of companies. And Mark just went on about how is he invest in some of the AI companies and figure out if this is vibe revenue or etc, I think in the period of the last year a lot of people have been exploring AI, and the models are changing so quickly that to some extent I have seen customers sort of engaging. Don’t fix it in the field, and and sort of giving feedback, etc. Now.

    627
    01:40:25.780 –> 01:40:29.030
    Brett Queener: I think that will change. I here’s what I think about.

    628
    01:40:29.230 –> 01:40:29.870
    Tooba Durraze: Yeah.

    629
    01:40:30.490 –> 01:40:34.152
    Brett Queener: There is a new relationship between the customer

    630
    01:40:35.610 –> 01:40:37.870
    Brett Queener: and a software provider which is

    631
    01:40:38.770 –> 01:40:51.930
    Brett Queener: the promise in these agentic products are, I’m going to significantly. Help you do your job. I’m not delivering you a crud database with workflows and screens that you go in and enter, and then you go out and do your job elsewhere. I’m going to do your job

    632
    01:40:52.680 –> 01:40:57.569
    Brett Queener: either as an assistant or I’m going to take parts of your work away.

    633
    01:40:58.000 –> 01:40:59.680
    Brett Queener: Given that promise.

    634
    01:41:00.550 –> 01:41:08.309
    Brett Queener: I think customers are much more willing to be aged in very specific feedback, and what is very interesting is

    635
    01:41:09.530 –> 01:41:30.559
    Brett Queener: for years would be like, well, don’t build exactly what the customer asked for, because they’re shitty product managers. They’re bad at understanding screens and the rest of it. But if customer says this is my pain. Can you take this pain away? Then they’re actually much better product input managers than they were in the past. And I think it’s really interesting to understand now.

    636
    01:41:31.100 –> 01:41:38.059
    Brett Queener: What I will say, though, is weird, is yes, you can ship very quick. You and I talked about this like, how do you not just produce a bunch of crap.

    637
    01:41:38.600 –> 01:41:41.360
    Brett Queener: I actually think the Qa bar is higher.

    638
    01:41:42.410 –> 01:41:45.910
    Brett Queener: I think the done bar is higher for 2 reasons.

    639
    01:41:46.300 –> 01:42:05.479
    Brett Queener: One is you’re not releasing a bunch of stuff, and there’s some field or some object that works in some screen that somebody goes to, and they kind of go. Oh, that didn’t work, and then you you buy a session replay, and then you can track it and then prioritize it as p. 0, p. 1, p. 2. In. Like an agentic assistant. The way I think about it is.

    640
    01:42:05.720 –> 01:42:19.060
    Brett Queener: I always tell my software companies when they think about AI is assume somebody was hiring the smartest person they could ever hire, who work the speed of 10 people who knew everything about your company, and never went on Glass Door and complained about your shitty management.

    641
    01:42:19.210 –> 01:42:24.669
    Brett Queener: That’s what your product’s like. Now imagine you hired that person. And one day they came to work, and they just started glitching.

    642
    01:42:26.282 –> 01:42:33.350
    Brett Queener: You would kind of notice that very, very quickly. And so I actually think, while you can ship faster.

    643
    01:42:34.280 –> 01:42:43.680
    Brett Queener: It doesn’t mean you should just ship faster. It means you should ship impactful product much faster than you have in the past. And so

    644
    01:42:43.970 –> 01:42:46.309
    Brett Queener: you and I had this conversation about cursor.

    645
    01:42:46.960 –> 01:42:47.600
    Tooba Durraze: Yep.

    646
    01:42:47.850 –> 01:42:48.510
    Brett Queener: Right?

    647
    01:42:49.490 –> 01:42:54.760
    Brett Queener: Is it a technology breakthrough, or is it a taste? Ux breakthrough?

    648
    01:42:55.820 –> 01:42:59.320
    Brett Queener: And you’ve pretty quickly said, it’s a taste ux breakthrough.

    649
    01:42:59.580 –> 01:43:00.200
    Tooba Durraze: Yeah.

    650
    01:43:00.350 –> 01:43:05.520
    Brett Queener: Right? And so I think just because you can ship faster.

    651
    01:43:06.140 –> 01:43:08.198
    Brett Queener: The bar is actually higher.

    652
    01:43:09.180 –> 01:43:14.040
    Tooba Durraze: Yeah, I would. I would agree with that. I feel like there are a lot of fundamentals that are shifting back to

  • 02:23:43.520 –> 02:23:52.160
    Mary Shea: you know, what kind of AI tools are you experimenting with right now? And I’d love to go through everyone and and get a bunch of tools out there.

    653
    01:43:14.220 –> 01:43:35.380
    Tooba Durraze: like how things used to be in the sense that impact is more front and center versus like flashy features. There’s a concept that you talk about in your thesis, which I thought was really interesting around ever boarding, meaning the relationship between the software provider and the customer being a little bit more relational than even it used to be.

    654
    01:43:35.732 –> 01:43:47.319
    Tooba Durraze: So I’m I’m curious about you. Kind of elaborating on that. And what does it look like? Describe it? And then what does it look like? How, if it’s done? Well, because I know we have this fear of like

    655
    01:43:47.460 –> 01:43:52.440
    Tooba Durraze: having like account. Folks always be constantly attached to customers as well.

    656
    01:43:52.980 –> 01:43:58.839
    Brett Queener: It’s interesting. These are 2 organizations and software companies that are often seen, as I guess I have to invest there.

    657
    01:43:59.350 –> 01:44:07.610
    Brett Queener: And if for those people have tried to sell into these functions. They’re they’re doing God’s work, but they never have power to buy anything right. And

    658
    01:44:07.730 –> 01:44:20.239
    Brett Queener: so there’s onboarding. There’s ever boarding. There’s waterboarding I’ll talk about onboarding versus ever boarding sales onboarding is a very interesting thing. I remember when I joined salesforce.com. I was getting sued by Tom Siebel because he liked to sue people

    659
    01:44:21.180 –> 01:44:38.849
    Brett Queener: and we’d hired like 30 reps over the year, and they’d never been trained, and Mark was like, Hey, can you think you could train these people because we got to go kick people’s ass? And I was like, Have we ever done training here. No. So I put together like a 1 week boot camp with a certification and case study, and if you didn’t pass the certification you were fired like it was.

    660
    01:44:38.850 –> 01:44:39.410
    Tooba Durraze: Yeah.

    661
    01:44:39.530 –> 01:44:40.310
    Brett Queener: You know.

    662
    01:44:41.950 –> 01:44:45.669
    Brett Queener: But the funny thing is, when you think about sales onboarding.

    663
    01:44:45.840 –> 01:44:54.900
    Brett Queener: we focus in the 1st 60 to 90 days of a sales hire. We got to get on the ramp. We got to get Cop into running our playbook, know exactly what to say or do. At each stage of the sales process.

    664
    01:44:55.730 –> 01:44:57.880
    Brett Queener: But what’s interesting is, if your product

    665
    01:44:58.090 –> 01:45:03.769
    Brett Queener: by the end of that 1st year is 2 to 3 times more different or more valuable

    666
    01:45:04.430 –> 01:45:10.829
    Brett Queener: then of their tenure than it was the knowledge you shared in the 1st 30 to 60 days. What then?

    667
    01:45:12.060 –> 01:45:15.410
    Brett Queener: Right. And so when I talk to AI founders, you know.

    668
    01:45:15.530 –> 01:45:23.409
    Brett Queener: I asked them, how much do you think your sales approach especially relates to your messaging. You’re discovering your value or capability, you know, in my messaging tree.

    669
    01:45:24.410 –> 01:45:25.759
    Brett Queener: What does your product?

    670
    01:45:26.260 –> 01:45:41.739
    Brett Queener: What job to be done? Does your product do for your buyer that they should about that they want to solve now better than somebody else. Right? If you can nail that. That’s the basics of product marketing and sales messaging. How much do you think that’s going to change over the next 12 months? And they look at me like well, a ton.

    671
    01:45:42.350 –> 01:45:47.630
    Brett Queener: and then I’m like, well, then, what are you doing to make sure that your team is on board.

    672
    01:45:47.780 –> 01:45:52.620
    Brett Queener: and then, similarly, customer onboarding another often seen as a junior function.

    673
    01:45:53.950 –> 01:46:14.290
    Brett Queener: I always thought it was silly in a Saas world where products were always customizable, released a lot of features, etc, that we thought about onboarding like, let’s get them live. And then they were like, Oh, we’ll get some success person, the function that we’d never oh, we under invest in. And somehow they’re gonna magically make the customer take advantage of all the ongoing stuff. It was always it was always silly.

    674
    01:46:14.790 –> 01:46:17.210
    Brett Queener: Now, if you deploy a product

    675
    01:46:17.880 –> 01:46:21.460
    Brett Queener: and your product becomes 2 to 3 times more capable over a year than what?

    676
    01:46:22.240 –> 01:46:23.909
    Brett Queener: How do you think about

    677
    01:46:25.470 –> 01:46:31.300
    Brett Queener: that person or that using that product, discovering that capability, etc, because

    678
    01:46:32.070 –> 01:46:34.010
    Brett Queener: you and I talked about this like

    679
    01:46:34.670 –> 01:46:41.929
    Brett Queener: there’s an R and AR. Well, we’ll talk about annual in a second. But AR annual recurring revenue. We look at churn and Nrr. etc.

    680
    01:46:42.190 –> 01:46:58.970
    Brett Queener: But, like, if you have an employee, you should have people evaluate. I’m using this agentic product, or I could hire an employee. And I’d be like, how much of this employee? How much growth has this employee shown over the year? How much potential do they have these V other people. And I think they’ll think that same way around products. And so

    681
    01:46:59.110 –> 01:47:10.290
    Brett Queener: how do you think through this? The other thing which is really interesting is, I remember I’m a crazy 0 inbox guy, and I remember I was like the 7th customer, superhuman, and onboarded me.

    682
    01:47:10.800 –> 01:47:16.320
    Brett Queener: the founder superhuman, and I was like, Oh, this is pretty interesting. This seems like a waste. I was like, how can this be efficient?

    683
    01:47:16.750 –> 01:47:18.220
    Brett Queener: And what Rahul got?

    684
    01:47:18.540 –> 01:47:21.239
    Brett Queener: And it wasn’t AI yet. Well.

    685
    01:47:21.710 –> 01:47:28.309
    Brett Queener: this was a personal thing to me about how I like to manage my email, and if he could get me into that habit.

    686
    01:47:28.840 –> 01:47:34.900
    Brett Queener: then I was hooked, and it’s the same thing with AI like I have organizations that are thinking

    687
    01:47:35.010 –> 01:48:00.209
    Brett Queener: that have hired extremely expensive people from onboarding like somebody hired somebody from Apple who was responsible for designing that package or box that you get from Apple Products still really cool, even though you just get the same phone. It’s just like the last phone, but has a better battery. But with that box, and when you open that, you know, and the tape open, it’s that little magic moment. I think it’s the same way we have to rethink onboarding

    688
    01:48:00.220 –> 01:48:11.300
    Brett Queener: for these agentic products, because while you might be selling to your organization. These are very personal products. I am helping you as an individual do this work, and either out of the gate they go.

    689
    01:48:11.470 –> 01:48:13.759
    Brett Queener: Oh, hell, holy hell! Yeah.

    690
    01:48:14.120 –> 01:48:24.649
    Brett Queener: right? I think you and I were talking about. I remember my wife think you know she went to the Kennedy school. She’s a preeminent expert on charter schools and and affordable housing, and the rest of it. Amazing writer!

    691
    01:48:24.920 –> 01:48:48.679
    Brett Queener: And she spends a lot of time sort of the shadow Government here where I live, surfacing all state data and analysis, and then putting stuff together, presenting at city Council and to State representatives. And I remember the 1st time I showed her chat. Gpt! She was kind of like. Oh, this is pretty interesting! And then, when she on, I moved to Claude and she had a project where it remembered her voice and started writing, and then I showed her deep research. She’s

    692
    01:48:48.960 –> 01:49:04.239
    Brett Queener: hook line and sinker, right, but like there are these moments of delight. And so I think onboarding is something we have to really think about and get right. So that’s how I think about ever boarding versus sort of this point in time whether it’s your salespeople, your customers.

    693
    01:49:04.560 –> 01:49:19.900
    Tooba Durraze: I think it appears that you need to stay more like top of mind for your customers in terms of like relevance, and like the minute they forget about a tool or forget about you. It’s a lot of folks that just tend to move on to the next fancy thing that’s coming up right.

    694
    01:49:20.200 –> 01:49:22.479
    Brett Queener: People are really, busy.

    695
    01:49:22.830 –> 01:49:24.139
    Tooba Durraze: Right. They don’t want to.

    696
    01:49:24.140 –> 01:49:39.909
    Tooba Durraze: People are excited to try all sorts of tools right now. So it’s right. There’s a lot of enthusiasm around like I’m going to try everything. But the thing that sticks generally ends up being the thing that is like top of mind for them in terms of relation messaging all of that.

    697
    01:49:40.190 –> 01:49:41.390
    Tooba Durraze: Yeah, would you agree.

    698
    01:49:41.390 –> 01:49:42.720
    Brett Queener: I agree.

    699
    01:49:43.320 –> 01:49:45.100
    Tooba Durraze: Yeah. So like that brings me to

    700
    01:49:45.450 –> 01:49:48.252
    Tooba Durraze: say, like product marketing and messaging.

    701
    01:49:48.950 –> 01:50:05.600
    Tooba Durraze: there’s something that you talked about, which is that messaging needs to be more context, moment and signal aware, like all 3 things versus what it used to be before. So give me, can you give me an example or not stuff like a company that you’ve seen. Do that well or with you?

    702
    01:50:05.960 –> 01:50:07.580
    Tooba Durraze: Have you seen that play out.

    703
    01:50:07.580 –> 01:50:08.499
    Brett Queener: I mean. Look.

    704
    01:50:08.600 –> 01:50:15.339
    Brett Queener: I’ve always thought that the software companies at the application that I win the best have the best product marketing. Yeah.

    705
    01:50:15.760 –> 01:50:20.549
    Brett Queener: What I mean by that is across the company. It is very clear if you pulled somebody up

    706
    01:50:20.730 –> 01:50:25.033
    Brett Queener: in a hallway and I’ll get back because you’re chuckling, and you smile about this.

    707
    01:50:25.770 –> 01:50:27.630
    Brett Queener: they know exactly who they’re selling to.

    708
    01:50:27.820 –> 01:50:41.270
    Brett Queener: We sell to them. They have the elevator card. They have the longer pitch, but they understand very clearly why this? Why us? Why now, why should somebody look at the category solutions you represent? Why is it important? What pain does it solve?

    709
    01:50:41.680 –> 01:51:05.430
    Brett Queener: Why us? Why do you solve that better than somebody else? And why now like, if you don’t do this now you know what costs. Are you going to occur? What risk are you going to occur, or what revenue will you lose? Not only at a business level, but at a personal risk? Level companies that nail that kick ass. You cannot scale a go to market organization without that, and a great example would be to go. Where did you last work

    710
    01:51:06.280 –> 01:51:07.025
    Brett Queener: qualified.

    711
    01:51:08.110 –> 01:51:16.699
    Brett Queener: So Sean and Craig, who worked with me and for me at Salesforce I mean Shawn Craig is probably one of the best product marketers. That I’ve come across in my career.

    712
    01:51:17.170 –> 01:51:22.670
    Brett Queener: They went into an existing category that already existed drift and others, and they came

    713
    01:51:23.170 –> 01:51:34.460
    Brett Queener: and they out product, I mean, Bing builds good product. Don’t disagree, but they out product market the crap out of the competition. And I was just sitting there watching it going. Oh, my lord, this isn’t a fair fight

    714
    01:51:35.182 –> 01:51:41.250
    Brett Queener: and right to. But you would tell me, what would you do? What would what would they make? What would Craig and Team make you do every Friday at qualify.

    715
    01:51:41.250 –> 01:52:07.119
    Tooba Durraze: They would repeat the same messaging to us over and over again. So everyone who worked in the organization had this like idea of like who we are, what we do and for whom was just ingrained in our heads. So you could have picked an engineer who was like a new hire from an engineering org and put them in front of a customer, but they would know exactly what these dimensions were to talk to a customer which I found really interesting because

    716
    01:52:07.560 –> 01:52:22.820
    Tooba Durraze: I was like it was so repetitive to me right? But like now running my own company, I’m like that is such a good tactic to have, because you never know when folks from your company are again going to run into customers or potential customers.

    717
    01:52:22.880 –> 01:52:43.530
    Tooba Durraze: and like the same thing with product marketing as well. And I don’t come from salesforce. I’ve obviously explored a lot at the World Economic Forum as well, but qualified was my 1st example of seeing like, how you can have the best product in the world. But if your messaging isn’t right, and if you’re not marketing it well, how flat it can fall.

    718
    01:52:44.201 –> 01:52:46.569
    Tooba Durraze: These are lessons. Yeah.

    719
    01:52:46.570 –> 01:52:50.759
    Brett Queener: And the big issue is, okay. Most companies suck at that once a year.

    720
    01:52:51.480 –> 01:52:52.230
    Tooba Durraze: Yeah.

    721
    01:52:52.230 –> 01:52:56.080
    Brett Queener: What happens when your product changes every 30 days, like

    722
    01:52:56.300 –> 01:53:03.040
    Brett Queener: I literally in the slack arms of my, the ones that are the fastest growing, and they raise a lot of money and they’re on their way. Yeah.

    723
    01:53:03.190 –> 01:53:04.670
    Brett Queener: freaking chaos

    724
    01:53:05.070 –> 01:53:13.490
    Brett Queener: product doesn’t know what dev is shipping customer success doesn’t know that this thing is out. Marketing is trying to keep up to date. It is chaos

    725
    01:53:14.445 –> 01:53:16.719
    Brett Queener: and so you need to nail this.

    726
    01:53:16.970 –> 01:53:18.619
    Brett Queener: and you need to refresh it

    727
    01:53:19.920 –> 01:53:24.369
    Brett Queener: every month, I and it it sounds crazy. But I almost was like date

    728
    01:53:24.570 –> 01:53:33.669
    Brett Queener: day. One of the new month is a day off it. We spend one day each month, refreshing the team, refreshing our materials, and make sure understand that

    729
    01:53:33.790 –> 01:53:39.860
    Brett Queener: vis-a-vis, the competition, and one really good exercise for any founder in the room when you get to like.

    730
    01:53:40.100 –> 01:53:51.340
    Brett Queener: I don’t know 30, 40, 5,000 people. And you start to build your executive team, pull your executive team around and tell them, take out a card and write down. What is it we do for whom that they give a shit about.

    731
    01:53:51.670 –> 01:53:52.130
    Tooba Durraze: Yeah.

    732
    01:53:52.130 –> 01:53:57.509
    Brett Queener: Better than somebody else, and what you will find is those answers. Half of them will be bad.

    733
    01:53:58.260 –> 01:53:59.520
    Brett Queener: but they’re not aligned.

    734
    01:53:59.740 –> 01:54:05.909
    Brett Queener: and then just run that experiment, I promise you’d be like, Oh, okay, I get. I get what Brett and Tube are talking about.

    735
    01:54:06.700 –> 01:54:13.120
    Tooba Durraze: Yeah, I think the worst thing you can have is sitting in a room with your C-suite, and, like everyone, has a different answer for what you do and what you’re.

    736
    01:54:13.120 –> 01:54:15.789
    Brett Queener: If you do, then what do you think the employees have right.

    737
    01:54:15.790 –> 01:54:44.259
    Tooba Durraze: Yeah, exactly. So sometimes, even exactly. Leadership isn’t even involved. So from the from the perspective of the customer. Now, who’s like looking at all this fun kind of product marketing stuff coming out, all this new messaging coming out? What is your thought on whether they get fatigued by how often there is a new release, I mean, for us. We amoeba. We had our biggest release yesterday we released pipeline intelligence powered by amoeba agents, and then my feed is actually riddled with.

    738
    01:54:44.620 –> 01:54:55.770
    Tooba Durraze: I think another like 15 companies that’s just in my network had a release yesterday as well. So when you think about that from the perspective of the buyer. Do you feel like they get fatigued by everything.

    739
    01:54:55.770 –> 01:55:03.460
    Brett Queener: Yeah, I mean, look, until all of our go to market teams and all our buyers are just agentic robots talking to each other and selling each other product.

    740
    01:55:04.040 –> 01:55:08.639
    Brett Queener: We have to understand there’s just a normal rate of human absorption.

    741
    01:55:09.110 –> 01:55:09.770
    Tooba Durraze: Yeah.

    742
    01:55:09.910 –> 01:55:16.020
    Brett Queener: Especially if I’m doing something the way I do it today I have to absorb it. And now I should adjust what I’m doing.

    743
    01:55:16.520 –> 01:55:25.409
    Brett Queener: and yes, and so, you know, I think anything more than a month

    744
    01:55:26.260 –> 01:55:28.030
    Brett Queener: faster than a month is ridiculous.

    745
    01:55:28.650 –> 01:55:31.099
    Brett Queener: At some point you might move to Quarterly

    746
    01:55:31.760 –> 01:55:33.199
    Brett Queener: but I think it’s a month

    747
    01:55:34.557 –> 01:55:37.580
    Brett Queener: and I think there’s another really interesting thing

    748
    01:55:38.110 –> 01:55:40.890
    Brett Queener: which is back to the messaging tree.

    749
    01:55:42.000 –> 01:55:44.119
    Brett Queener: If you’re not changing what you’re saying.

    750
    01:55:45.140 –> 01:55:49.259
    Brett Queener: if you haven’t improved the job to be done or doing a new job to be done.

    751
    01:55:50.780 –> 01:55:51.970
    Brett Queener: what are you announcing.

    752
    01:55:54.800 –> 01:55:55.140
    Tooba Durraze: Yeah.

    753
    01:55:55.140 –> 01:56:00.140
    Brett Queener: Right? So you know, I think some filtering probably helps around the edge.

    754
    01:56:01.020 –> 01:56:14.100
    Tooba Durraze: No, I would agree. There is a lot. There’s a lot around like Brand refreshes these days as well. But to your point, if you’re not fundamentally changing something. What are you essentially launching?

    755
    01:56:14.990 –> 01:56:24.069
    Tooba Durraze: Let’s talk about something that’s been kind of front of mind for me. It’s it’s more future driven. But I have this theory in my head that we’ll move from

    756
    01:56:24.470 –> 01:56:39.449
    Tooba Durraze: b 2 b selling to like agent to agent selling like humans just completely, you know, are like sitting on a beach like drinking their Mai Tai’s get removed out of the equation at some point they do the math. The mathematician in me is like. At some point humans will get out of the way of the math.

    757
    01:56:39.620 –> 01:56:49.350
    Tooba Durraze: So do you see that happening at some point where most of the let’s say not all. But most of the buying journey is handled from an agent to an agent.

    758
    01:56:56.510 –> 01:56:57.520
    Tooba Durraze: I feel like I’ve stumped.

    759
    01:56:57.520 –> 01:56:59.729
    Brett Queener: I think I think it’s a long way off.

    760
    01:57:00.730 –> 01:57:02.379
    Tooba Durraze: Long way, meaning the decades.

    761
    01:57:05.600 –> 01:57:06.659
    Brett Queener: 5 to 10 years.

    762
    01:57:06.850 –> 01:57:07.789
    Tooba Durraze: 5 to 10. Okay.

    763
    01:57:07.790 –> 01:57:20.959
    Brett Queener: At a minimum. I I just, I’m flashing into ready ready player one. I’m just sitting in some like Pod somewhere connected up to like some video game and etc, I’m not gonna expect I it’s hard for me to look. I think the challenge is.

    764
    01:57:21.900 –> 01:57:23.880
    Brett Queener: I guess if there’s full Agi short.

    765
    01:57:24.300 –> 01:57:27.650
    Brett Queener: but at the end of the day people make purchase decisions

    766
    01:57:27.950 –> 01:57:31.880
    Brett Queener: based on solving, make purchase. For 2 reasons, fear agreed.

    767
    01:57:32.160 –> 01:57:32.730
    Tooba Durraze: Yeah.

    768
    01:57:32.730 –> 01:57:36.730
    Brett Queener: Here. Somebody else is going to do better than me greed I can do better than somebody else.

    769
    01:57:37.420 –> 01:57:44.309
    Brett Queener: So till we get there, I think the human to human connection is still very interesting.

    770
    01:57:44.940 –> 01:57:46.050
    Brett Queener: that’s how I think about it.

    771
    01:57:46.620 –> 01:57:50.210
    Tooba Durraze: Do you see humans moving more sort of like up the chain.

    772
    01:57:50.210 –> 01:57:54.850
    Brett Queener: Yes, absolutely. I mean, absolutely. There’s a thing about, how do we think about

    773
    01:57:55.180 –> 01:58:16.550
    Brett Queener: what does the new software company look like? What’s the size of the software company when it comes to junior employees and the rest of it thing on Junior versus Senior, we have to think differently. Junior was some people that would come in and they would go do the grunt work, because that’s how you keep. And then by doing the grunt work reputation. I think the reality is a lot of the grunt work gets automated and goes away. Yeah. And I think

    774
    01:58:16.670 –> 01:58:24.233
    Brett Queener: the reality is that the work that you will be doing is far less

    775
    01:58:25.000 –> 01:58:29.300
    Brett Queener: automaton work and far more sort of thoughtful work.

    776
    01:58:30.608 –> 01:58:34.620
    Tooba Durraze: I see Julie’s come out. We probably got 1 1 min left Julia.

    777
    01:58:34.620 –> 01:58:37.089
    Tooba Durraze: One last question, Julia. One quick question.

    778
    01:58:37.220 –> 01:58:40.819
    Tooba Durraze: Now that you talked about kind of teams getting more and more senior.

    779
    01:58:40.920 –> 01:58:50.780
    Tooba Durraze: and then the juniors are kind of the grunt. Work is getting replaced. So what happens to like the teams of the future, where the juniors haven’t made their way up the ranks in a company.

    780
    01:58:57.940 –> 01:58:59.529
    Brett Queener: In my mind.

    781
    01:59:00.450 –> 01:59:01.739
    Brett Queener: We’re in a New Age.

    782
    01:59:02.170 –> 01:59:02.800
    Tooba Durraze: Yeah.

    783
    01:59:03.170 –> 01:59:13.629
    Brett Queener: And what I look for in a lot of companies is 1st principles, thinkers. We think of senior as somebody who has 10 to 20 years experience, but they have 10 to 20 years of experience in the old way of operating within Saas.

    784
    01:59:13.630 –> 01:59:14.300
    Tooba Durraze: Yep.

    785
    01:59:14.300 –> 01:59:28.539
    Brett Queener: And we’re creating a new playbook. And so in my mind, I think less as senior versus Junior I think of, are they 1st principles. Thinkers? Are they super smart? Are they super collaborative? Right? Like the best use of AI is, how clever are you with a prompt

    786
    01:59:29.180 –> 01:59:46.280
    Brett Queener: right, not understanding, you know, the transformer model. So I get less worried about that. I do think in aggregate, though we will need less people. So I do believe that there is the number of people that are working in software companies today.

    787
    01:59:46.991 –> 01:59:49.149
    Brett Queener: will be less going forward.

    788
    01:59:49.320 –> 01:59:51.720
    Brett Queener: So I do believe, interestingly.

    789
    01:59:52.030 –> 01:59:52.920
    Tooba Durraze: You know.

    790
    01:59:53.660 –> 02:00:05.299
    Brett Queener: There is gonna probably be some level of retraining and rethinking of the white collar workforce that we didn’t do with the blue Collar workforce. We. We went down the Nafta and globalization route.

    791
    02:00:07.050 –> 02:00:13.369
    Tooba Durraze: Awesome. Well, thank thank you so much, Brett. This was an interesting chat, as always. And thanks Julia for having us.

    792
    02:00:13.620 –> 02:00:16.090
    Brett Queener: Alright, Tuba, send me all the information on the new release.

    793
    02:00:16.090 –> 02:00:19.220
    Tooba Durraze: I will thank you. Thanks everyone.

    794
    02:00:19.630 –> 02:00:26.630
    Julia Nimchinski: Such a pleasure hosting you. Thank you again, Fred and Tuba, and we are transitioning to our next session. Welcome.

    795
    02:00:26.800 –> 02:00:27.520
    Brett Queener: Hi, Nick.

    796
    02:00:28.330 –> 02:00:32.357
    Nick “Mehtaphysical” Mehta: Hey, Brad, I agree with everything you just said so.

    797
    02:00:32.760 –> 02:00:33.359
    Brett Queener: See you.

    798
    02:00:33.360 –> 02:00:33.950
    Tooba Durraze: Bye.

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