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- [00:00]
Sean
Do you know what you're getting into here?
- [00:01]
Aaron Levie
Nope.
- [00:02]
Amjad
Let me give you the simplest explanation. You know how on Twitter you're funnier than the smart guys and then smarter than the actual funny guys? We did that in the business podcasting space.
- [00:12]
Aaron Levie
I feel like I can rule the world. I know I could be what I want to. I put my all in it. Like, no days off on a road. Let's travel.
- [00:21]
Amjad
By the way, I was supposed to be prepping for this podcast and in the last hour actually all I did was watch Millionaire Matchmaker Season 3, Episode 11. Which Aaron, if you remember, is when your co founder went on Millionaire Matchmaker. And so I don't have a whole lot of prep, but that was a great episode. Do you remember when he did that?
- [00:38]
Aaron Levie
I do, yes.
- [00:39]
Amjad
Were you in support of that?
- [00:41]
Aaron Levie
Not exactly. So it was. We, we took a flyer on that one.
- [00:45]
Sean
They actually.
- [00:46]
Aaron Levie
Well, the. The weirder story was they asked for both of us to do it. Somehow I had better judgment.
- [00:51]
Amjad
So, Sam, have you seen this episode?
- [00:54]
Sean
Yeah, but. So I actually met your co founder, Dylan when I was starting my first company in San Francisco. Have a lot of money, and we weren't making any money. And I did part time work at a scavenger hunt company and Box was a client one time and so I got to hang out with him and he had told me about being on the show.
- [01:11]
Aaron Levie
Wow, really?
- [01:12]
Sean
And by the way, we were like at this bar at like the end of the scavenger hunt at like 7pm and he pulled up his laptop and went to the back table and was like working. And he couldn't enjoy the scavenger hunt.
- [01:23]
Amjad
Well, I think that's one of the crazier things about y' all's story. You've been there for 20 years. It was kind of like four friends, you know, started in college type of deal. And are all four still there now 20 years later?
- [01:35]
Aaron Levie
So three of us went to middle school and high school together. Then four of us went to high school together. And we had tried lots of different ideas throughout middle school and high school. And then finally as we went to college, kind of people. People split off to different schools. And then this idea kind of emerged and we all, we all kind of got back together on it and then dropped out of college in kind of two. Two parts in 2005 and in 2006. And so we've just been working together for, I mean, honestly, like almost 30 years on different things, which is kind of crazy to think about it at this point. So right now we have Dylan is, you know, cfo, he runs a bunch of functions in the company he was famous for. Millionaire matchmaker apparently definitely his main claim to fame at this point. And then Jeff and Sam. Jeff has a bit of a farm, he's kind of getting into the farm world. And then Sam is at Anthropic on Claude code. And he now is a constant thorn in my side because every three days somebody says the CTO of Box left Box to go to Anthropic, but he actually retired from Box like six years ago. But it causes sort of unending viral fodder on that one.
- [02:56]
Sean
That's pretty incredible that you can found a company, take it public and then you go and work at Anthropic. Isn't, isn't the Instagram founder another founder?
- [03:04]
Aaron Levie
I mean they, they have, to their credit they've done obviously an insane job on recruiting. So I think it might literally be a requirement to have been a CTO of a, like a public company to work there at this point. But like they have like this like, like there's like a list of like 10 of these people. You know, Mike's over there obviously now with Andre. You know, Sam on our end built you know, some of the most important software and infrastructure that we run on to this day. So he's, you know, he's obviously a huge asset for them, but you know, they've done an incredible job at recruiting.
- [03:37]
Amjad
Dude, is it true you. So you've been doing this for a long time and the idea for Box I think was pretty simple, like, hey, you should be able to access your files wherever you are, not just on one computer. I think you guys started consumer and then is it true there was sort of this like fork in the road moment where you guys went enterprise and like, you know, kind of the co founders had to debate it out. Is that, is that how that went down?
- [04:01]
Aaron Levie
Yeah, I mean it's always sounds way more dramatic, you know, in when we kind of compress it into the brief story. But it was a multi month period of, of kind of like your classic wandering period that all startups kind of deal with where you don't know if you're going to pivot, you don't know if the business model is going to work, you don't know if you're going to get your next round of funding. Some things are clicking and working, some things aren't. And we had started, I would say not even as a consumer or enterprise. We kind of started as agnostic to who the user would Be we just said, hey, there should be a secure way to access your files from anywhere. It was an obvious idea to us. And then what happened was it started growing. But consumers, we had this kind of, you know, very straightforward fork in the road. Consumers wanted to pay as little as possible, and they wanted a certain set of features that you'd have to go and build. Enterprises wanted to pay a lot more, but they would need like a hundred times more features. And as we kind of like thought about, like, well, who do you focus on? We did eventually kind of conclude, you know, something really obvious in retrospect. And I can't like unsee it. As they look at other people's strategies over time, these were just like totally different markets. Like, the enterprise needing to securely manage their most important data as an organization would require just a completely different set of functionality than what a consumer would need to back up their photos and access their music from anywhere. And those were just different markets and there was different business models. One would pay like $5 a month, the other would pay maybe $5 million a year. And like, completely different business models, different markets, different teams you'd have to build different products you'd create. So we did eventually run into, you know, effectively a fork in the road. And after a few months of kind of debating it out and assessing the opportunities and you know, people. People kind of having, you know, pretty different views on what to do, we eventually pivoted, you know, kind of very forcefully into the enterprise. We, you know, almost burned every, every boat other than a couple that, that we, we want. We still wanted a freemium model in the enterprise. We wanted you to be able to sign up as a, as a kind of knowledge worker. But we, we very firmly wanted to make it an enterprise only business model. And I was actually the most reluctant and the last one to be convinced to pivot. So kind of credit to, to the other founders and, and some early employees that I think had more conviction. But once we had, once we collectively had conviction that it was, it was very straightforward.
- [06:21]
Amjad
One, one thing on that, that decision. Enterprise versus consumer. Dropbox, obviously, I think, do they. Would you say they went the consumer route initially or no, because like, you know, can you look back now say, oh, you know, one's a. This billion dollar company. I think Dropbox, like a $6 billion company, you guys are just under 4. Like in retrospect, now that you have the benefit of like seeing it all play out, was that the, you know, was that the right move or is that overly simplified?
- [06:46]
Sean
Hey, everyone really Quick, if you're enjoying this episode on CEO stuff, so delegating, having hard conversations with your team hiring, then I've got something for you. So the team at HubSpot, they actually went and put together a bunch of best practices that Sean and I use in our own companies. And they put it together in something that's really easy to read and understand. And so if you want to just save yourself 10 years of headache and heartache, then you should check it out. I wish we had this a long time ago, would have helped me a lot. But there should be a QR code on your screen that you can scan or a link in the description. So check it out. It's totally free and totally awesome.
- [07:22]
Aaron Levie
Well, it was definitely the right move for us. And where we were, you know, the way we kind of did the math was Google had to own the consumer. You know, we saw the G drive kind of writing on the wall. They would want to bundle it with Gmail and most consumers would sort of be satisfied with that. And then icloud added on top of that and then OneDrive and so like the consumer really looked like a total kind of death pit. And Dropbox, I would say performed far better than I would have estimated. From just a pure like economic standpoint I would have thought that the commoditization would have been much more impactful. So huge kudos to them on their execution and just you know, obviously building a world class product. On that front, what we were very clear on was the only way that we would not go out of business was by being enterprise because we just were too convinced that over enough time that the consumer space would just be too competitive and too commoditized. So not only are we fantastically happy with the decision, but I think it was the only outcome that would have produced really any form of success. And then I think over the long term, let's just say we had another 10 years to the timeline. I think the only way to build a very large business as an independent company in this category is by being enterprise focused. Just because where most dollars are going to go for managing data, securing data, you know, kind of caring about how it's governed in, you know, in a, in a workflow, it's going to come from businesses. And so, and there's actually, you know, I think relevant lessons as we look at the AI space is I think most dollars in AI will eventually be enterprise dollars. There'll be some, you know, there'll be fantastic outcomes in consumer, no question, because there's, you know, Some ways to, to build consumer businesses out of this. But by, you know, by and large, where's intelligence valued? It's going to be in the enterprise. So just as where is software valued? It's, it's in the enterprise. And that' most dollars of, of technology go. And other than, you know, three companies that make money on advertising in, in
- [09:18]
Sean
consumer tech, you're fun to talk to because you're only a few years older than Sean and I. We're 37 and 38. But I feel like you're so much further. I mean when, when we were both like, you know, 19 or 21 years old, you were on the COVID of magazines and you were like the poster child. It was like you and Kevin Rose was like, you know, you could make
- [09:36]
Aaron Levie
it for, for me it was actually the thing I was obsessed with was when we moved, as we dropped out, we moved to Silicon Valley. And like if you remember, like you guys would have been just too young, maybe like 17, 18. But like it was like Sam Altman was with Looped was like double caller. Yes, that was, that was the person to be in the Valley. I mean other than, you know, Zuck
- [09:58]
Sean
and he looks exactly the same by the way.
- [10:00]
Amjad
I think it's the person to be again 20 years later.
- [10:04]
Sean
Well, we like grew up a little bit. Like watching you, it was really, it's been always really fun. But I heard some crazy stories about how you got offered all this money at a very young age to sell the company. And I always put myself in that position where I'm like, what would I do? And of course like the reason you are you and I am me is because I probably would have taken it like, yeah, like I wouldn't have had the poise like in the like you have had. But how old were you when you first started getting acquisition offers? And like, can you tell some of the stories of what that like to be such a young person and like facing like, like this life changing amount of money?
- [10:38]
Aaron Levie
Sure. Yeah. Well, when we first started, we dropped out of college. It was four of us living and working in Berkeley and we got a call from Yahoo and it was the corp dev team at Yahoo that had basically the team that had more or less just been responsible for buying Flickr. So there was this product that was like in the late 90s, early 2000s called Yahoo Briefcase. And it was, it was sort of one of our predecessors. So it was an online storage, you know, kind of product. But it was like you could store maybe like 50 megabytes of data in the, in, in Yahoo Briefcase. And for us, you know, we had finally achieved a gigabyte of storage that you could have online. And we were like the modern, simpler, faster, easier, you know, kind of more up to date version of Yahoo briefcase. So we got called in by, by the Corp dev team and for us we were like, holy, you know, shit, this is the biggest moment of our lives. And we were like debating like what acquisition price would be we would we be willing to take. And I think like probably the most we could have ever imagined was like five or ten million dollars. And we were like, you know, that's our price. We would definitely take 5 million.
- [11:51]
Amjad
You know, was it like, all right, on three, everybody say a number out loud. 1, 2, 3. 7 million.
- [11:57]
Aaron Levie
I think we didn't even have enough. Uh, we, we probably felt we would jinx it if we even did that. So it was more like a very serious discussion. So we, we, we drove down to Yahoo corporate headquarters in a Nissan minivan that was like totally breaking, you know, falling apart. And we, we, we did this serious meeting. We presented our whole strategy and you know, we, we went through the, the product and I don't know, I, I don't remember, it's very hazy but like, I don't know, somewhere on the order of probably two weeks later we just got like an email saying it was really nice meeting you guys, thank you for coming by. And we had done all this buildup in our heads of like, what would the number be that we would sell the company for? And again, any of those numbers we would have been just ecstatic about taking. So it's one of these things where it's like, you know, we have turned down offers, but we've also been in situations where we totally would have taken that very early offer and just taken it off the table and then, you know, later as we scaled, because we've had every problem thrown at us, we've had rounds that didn't happen and just like totally busted rounds. We've had to be bridge loaned by our investors twice. So there are definitely, you know, there is definitely parts of the journey where we would have, you know, if anybody had shown up with any offer, we would have accepted it probably. And then it's, you know, as these things go, like when people do actually show up for offers, you get, you're like your chemicals in your head are totally different and you're like, like oh my gosh, like we're just gotta keep doing this. And so probably the most classic one that we faced was A very kind of serious interaction where. Where we would have, you know, been, I think, quite happy about the outcome on any kind of financial measure. But we looked at the situation and we were Maybe our. Our mid-20s, early to mid-20s at the time. And I think this is now, like, well documented by, by a bunch of people. But. But I think it kind of just happens probably pretty uniformly, which is like, you just. You like, if you really deeply process it and like, in a very intellectual sense, and you're like, okay, this much money, like, this is super interesting, you know, etc. And then you like, start to play out, like, what am I going to do in two years from now or five years from now or ten years from now? We basically just processed. Like, we would probably be doing something just to get back to exactly where we are now. Like, there's. It's unlikely that we're going to work at this new company for more than five years each. Like, so. So that's not going to happen because everybody, every one of our friends that had gotten acquired had already left their acquired company. So, like, that was probably not going to happen. So then you just look at it. You're like, okay, well, you're probably trying to do everything you can just to get back to this exact situation, but of course you have more cash. That's. That's obviously positive. But. But now we're in this situation. We've already defied all the, all the odds of, of getting here in the first place and all the things that kind of got in our way. Like, why don't we just continue to double down on this, given that we still believe the market is still 100 times larger? So it became this very kind of calculated decision, which is, what's the amount of kind of how big is this market still ahead of us? We thought very large. Do we like our kind of compounding kind of approach where we think we're getting better every day, every week, every month at our product and our strategy? We know that there's going to be a lot of headwinds and a lot of severe competitive pressure that we're going to face. So it's not going to be easy. And then it basically just came down to the kind of Bezosian regret minimization framework of what thing are we going to regret more or less? And at least we convinced ourselves that we would more regret not continuing and just seeing the next set of cards and keeping on scaling more than we would regret sort of turning down this offer and having to start over. I Don't know if it's actually true. What would we have really regretted more? But, but that was the decision. It was gut wrenching. Like we did an off site with the four of us.
- [15:47]
Sean
And how old were you guys and how much was the offer?
- [15:50]
Aaron Levie
We were in our mid-20s, so probably two of us were like 20, like 25, 24, 23. And we don't really talk specifically about the offer, but you know, call it like in the half a billion range.
- [16:03]
Amjad
That's classic and that's. And were you guys taking secondary along the way to kind of at least have some, like some of that regret minimization if it all blew up? That like, at least we, we got, you know, a safety net here or. No safety net.
- [16:16]
Aaron Levie
Not safety net levels of, of secondary. So this was a very different time period in the Valley. So this was, you know, very early 2010s and secondary was not neither in fashion as much as it is now, nor were the amounts of capital the, the same level. So. So I think it was like, you know, people would could, you know, feel better about the apartment they were renting as opposed to like, we're like good on the decision.
- [16:39]
Sean
You were like the Tito or tech. Like tech, you know, like, you know, the early UFC guys, they got paid like a thousand dollars to show up at $500 if they won and like they like made it popular and then now
- [16:54]
Amjad
they're like being honored in the hall of fame, but they like can't see or talk the left side of their face anymore.
- [17:02]
Aaron Levie
Honestly, if there's like any analogy that works for my entrepreneurial life, it would be that, so. But we have had to grind through every worst practice that you could imagine and I mean we've lived to tell the tale.
- [17:18]
Amjad
So you have a pretty insane investment portfolio too, obviously. Stripe, Figma, Robinhood, Airtable, Instacart, Plaid. Like that's a pretty baller portfolio.
- [17:32]
Aaron Levie
There might be some hallucination on two of those.
- [17:34]
Amjad
Okay, maybe chatgpt lied to me.
- [17:36]
Aaron Levie
I think there's some good embedding space clust of some of those brands, unfortunately. So I met Dylan Field in the seed round and what a lovely, what a lovely character. And kid, did you send him a
- [17:49]
Sean
nice to meet you email like you Yahoo him?
- [17:52]
Aaron Levie
Yahoo. I think I was, I hope I was like 3% better at the follow ups. But I met him and I didn't have the creative imagination for what he was talking about and I obviously should have because I believe in cloud based software for everything. And he was like designers are going to do real time collaboration on stuff. And I was like, I don't know, man, we kind of make images fine. So I was like, very like, I was a huge Luddite on the pitch and definitely to my detriment, but unfortunately that would be a hallucination. So I didn't get on Figma early enough, but a few of those, yes.
- [18:31]
Amjad
What's worked out better, the Box equity or the angel portfolio Equity. Are we getting close or. Because like, for example, we have the podcast got bought by HubSpot and Dharmesh from HubSpot comes on a bunch and he made a huge bet into OpenAI and we're like, dude, you're going to make more off of that than you did in this like 30 year odyssey of HubSpot. He's like, yeah, probably.
- [18:55]
Aaron Levie
Fortunately, at least for other factors, Box is still ahead. But the big thing I should have done is hedged on all of our underlying suppliers. We're like one of the biggest customers of Seagate and Western Digital. And so we could see the stack that you would need for all of this. And I don't know if you guys have watched the SanDisk stock, but this is just the most insane just set of memory stocks for these guys.
- [19:23]
Sean
I don't know what you guys are talking about. SanDisk is like an old memory.
- [19:27]
Amjad
Stocks have gone bananas, right?
- [19:28]
Sean
Is it SanDisk like a 80s or 70s software?
- [19:33]
Aaron Levie
SanDisk is up about what, 3000% maybe in the past two years.
- [19:38]
Sean
I remember SanDisk, they made like floppies, right?
- [19:42]
Aaron Levie
They made everything. And I mean, we probably wouldn't exist without SanDisk. So USB thumb drives were like one of the catalysts for. Okay, we should just like move that to the cloud. So if you just bought SanDisk stock just because you were really into USB thumb drives, you would be doing fantastically well right now.
- [20:00]
Sean
Have you seen any cool. So you're talking about like the companies that have gotten big because you've been in the ecosystem or they've been customers or you've been customer customers. What else did you see early on? Because they were, they were customers.
- [20:13]
Aaron Levie
I mean, way more than I've invested in. But. But you know, I think if you just looked at probably even our own tech stack over 20 years and you just, you just bought the stocks of what our tech stack represented. Like that portfolio alone would be, you know, you would have, you would have every index. Exactly. And that's actually, I mean, that's sort of generally a phenomenon right now in the Valley, which is you can kind of Just see like, you can generally see like what, what are the engineers using and that tells you quite a bit about the future. Now there could be some misreads in the signal there, but I would, I would say within 90% accuracy, it's going to get you like most of the investment advice you need.
- [20:51]
Amjad
It's a pretty underrated strategy. I call it investing in your P and L because you just go look at the expense items and like I learned this when we were doing a tech company. Same thing. It's like oh, pager duty and elasticsearch and all these compass Slack, you know, we were one of the first hundred teams on Slack or something and if you know, our shitty startup idea didn't work. But like we, we sure did identify a bunch of really great underlying tools whose ideas did work. I own an E commerce business and E comm is a pretty brutal industry, like pretty low margin type of business. But I just funneled all the profits into Shopify and the underlying like E commerce stack and I've done great. I made more money there than I did in the actual business itself. But I also wouldn't have understood that ecosystem and who you couldn't pay me to switch off of had I not gone through the pain of being there.
- [21:36]
Aaron Levie
Yeah, it's interesting. The funny thing is this data is basically out there for every investor and I do think that it's probably not kind of leveraged enough. But yeah, I mean most, most of the best practices are just well known by engineers very quickly.
- [21:51]
Sean
That's a really challenging thing to think about, Sean, when you're like, well I have this business that's like a small business that's probably going to grow quickly. But then you think like I could somehow make more investing in this already big business. And in your head you're like, well it's, it's incredibly matured. Like it can't like grow more. Like everyone has that story now. Originally it was Uber, now it's Space X. We all could have invested in Space X when it was worth $80 billion and you're like this is insane. No way.
- [22:19]
Amjad
Did you see there was a slide deck recently? Like I think CO2 put it out or they did this analysis which was that going from. Do you, do you remember the exact
- [22:27]
Aaron Levie
was like 110 billion to a trillion then 10 billion to 100 billion? I think.
- [22:32]
Amjad
Yeah, you're like more likely and you get there faster.
- [22:35]
Aaron Levie
It's like, oh, you know, I. Some of these things though are a little bit tough simply because we are in a You know, we're in a pretty kind of feverish environment, so it's always hard to like, how do you normalize for the particular multiples that we're seeing? And, and is that like a sustainable investment strategy versus right now where we're in a moment where that is kind of working when you look at it backwards. But yeah, that was, that was definitely a counterintuitive when I thought, hey, let's
- [23:04]
Amjad
take a quick break. You know that feeling when strategy is done, the brief is written, everyone's aligned and you realize someone still has to sit down and actually create all the content that someone is usually you. And it's due tomorrow. Well, the Breeze Assistant from HubSpot can help. It works right inside HubSpot. You can draft campaign copy, blog posts, emails, all in your brand voice, all using your actual customer data. So you don't create just content, you create content that converts. Check out HubSpot.com, the agentic customer platform for growing businesses. You have a couple other kind of contrarian, you know, you have a good answer to the Peter Thiel question of like what do you believe that few others would agree with you on? I'll read you a couple of them. You know, you're basically like bullish on the job market. I think most people think with AI all our jobs are gone. You're like, no, bullish on the job market. Other people think with AI we're all going to be working less. I think Elon has said this and a few others like, you know, you know, hey, here comes the four day weekend every weekend or something. You're like, no, we're going to be working more and that software companies like the SaaS companies are going to do well. So you know, jobs work, hard work and software companies, three things that most people I think feel pretty bearish on. You have a different opinion. You want to give us your take on each one of those.
- [24:13]
Aaron Levie
You know, so much of the idea that jobs go away or that we do less, you know, has to come from a place of effectively, you're short just human creativity and ingenuity and the idea that there's sort of, we don't have an insatiable appetite for more and new things. And I've just seen very limited evidence that suggests that we don't want to go and discover the next cure for the next, you know, niche problem that people have or the next new form of entertainment people want to experience or the, the next new consumer product that people want to go and sell or the next, you know, new, new podcast that wants to be created. And so like, if you don't believe that that's going to happen, then sure, then you would basically believe we have that abundance sort of comes at the, at the expense of jobs and of us, you know, doing things. And so, so that, that theory has to be that basically, you know, the agents are going to do all of the, all of the effectively the useful work which then frees us up, you know, so much that there's really not much else left. And I just think we will find a way to create a ton more work for ourselves for better or worse. Like, it's not obvious that my, my view is. Is particularly like utopian. Like I think to some extent you Elon's. Elon's vision to his credit is actually a far more utopian one than the Doomers. It's actually funny because they believe in the same underlying technology trend. So they basically both believe in. If you extrapolate out to AGI, then the Doomers believe that destroys us and Elon believes that we get this utopia where everything is just done for us. And I kind of am more just until proven otherwise. I'm just in a third camp, which is like, it's like the same progress of maybe both of those two, but with more of a pragmatic outcome which is like we use that technology to just then create a new set of needs that we have to go and all. All kind of support and fulfill. It's just like a very long list of things that the world is still going to effectively value. Like the world is going to still value in person education for children. They're going to value childcare. They're going to value going to a restaurant and having, you know, human interaction. They're going to value going to a show. They're going to value like talking to a financial advisor that. That appears to sort of, you know, have some sense of the market and your set of needs and also has 10 other clients that they can kind of like triangulate with or you know, attack professional that you can just like, you know, is like accountable for if they get the thing wrong. Like their job's on the line versus like an agent that can be just shut off. And so that's. You're not really sure what, what accountability they have. So like for all these reasons, like humans just stay in the loop. And so I just think we end up having still a lot more work for everybody to do. I would say then the four hour, the four day work week thing also kind of supposes something different, which is you, you basically have to believe that, that assuming that anybody in your, in your sector decides not to do a four day work work week, then that company, you know, with, with the power of AI will get 20% more or 25% more output than you will. And so which market is going to basically have some kind of like collective agreement that says no, our category, everybody in our industry is only going to work four days a week. So it's just like it requires such a collective sort of like agreement on, on the part of everybody that, that you wouldn't then just like have some actor in the system decide, no, I'm just going to like, I will just ship more software, I will sell to more customers than you do we which then gets everything back to five days a week. So that's why it's like just very implausible for that outcome to really exist.
- [27:48]
Sean
So check this out. There's this book, Sean, you'll like the name of this title. It's called how to live on 24 hours a day. And it's a book written in 1908. You guys should read it. It's really cool. I just got it. And it's all about what happened after the Industrial revolution and there's this huge burst of, of white collar jobs and there's now millions of Americans as well as Europeans who now are not in a factory anymore and they're doing these white collar. And then there's all these like housewives, this is in the book. And they like, they're like, well now I don't launder our clothing with my hands. I use a machine and I have all this time. And the white collar workers are like, you know, we have extra time. And they're all asking themselves, well, if we have all this extra time now, why do we feel busier than ever? And the whole book is how to make sense of like how to like make your 24 hour day, how to get everything you can out of it. And it's a little bit of like a productivity book on the busier than ever thing.
- [28:43]
Aaron Levie
I mean it's every startup founder you've ever met right now absolutely is busier than ever. Like they're way busier than we were before AI. And the reason for that is because AI, it's sort of like this deceptive technology because it lets you get started on so many things so easily, but then you still have to complete all the things you started. And so you think that I'm just going to deploy all these Agents and then I'm going to go to the bar or go hang out. But when the agents are then done, somebody still has to be responsible for what do I do next with that information? What do I do next with that piece of software? What do I do next with that video clip that got created? All of that becomes human work again. I think every single person that is the most AI pilled right now, we're just drowning in work because we're kicking off way more work for ourselves. And we can't ever get off that treadmill because of how easy it has become to just create this work. I don't know, an hour before this call, I kicked off two kind of processes that now I didn't even need to start, but I started them. And now I'm going to absolutely add another hour to my day because I'm going to go and do whatever the agent produced. I'm going to go and follow up with all of that work. And I didn't even have to, but it was so easy to kick it off that now I've created more work for myself. So we're just going to do that for everything.
- [30:06]
Amjad
Here's the one thing you're missing. You didn't name it. This is your Jevons Paradox. This is your chance to live on for the next hundred years. We need Levy's Paradox. It's basically the easier it is to do work, the more work you'll do and the more tired you'll be at the end of every day.
- [30:21]
Aaron Levie
Yeah, I mean, if we want to run with that.
- [30:25]
Sean
Levy's law, dog.
- [30:27]
Amjad
Come on, Fumble.
- [30:29]
Aaron Levie
Yeah, we might as well get some alliteration in there.
- [30:31]
Sean
Make it a law. Are you.
- [30:33]
Aaron Levie
Are you.
- [30:33]
Sean
So you're working your ass off right now?
- [30:35]
Aaron Levie
I am, yeah. It's insane.
- [30:37]
Sean
We had Replit's CEO on recently and he was amazing. And he told. He told the story. Sean's like, that's the realest thing anyone has ever said. It was kind of funny. But he told the story about how before they kind of took off, they were kind of in no man's land or even failing for like a handful of years. And everyone knows this slack message or this text message where from. From an employee that says, hey, can we talk? And he was like, I got like one a day. And so everyone was quitting. And like my nervous system. Nervous system was just crashed.
- [31:08]
Aaron Levie
Yes.
- [31:09]
Sean
And I. We all go through cycles of that. But how has your nervous system, like kept up doing this for 20 years? Because you've had some crazy Happen. I think that you had like, a hostile takeover attempt. You said you've had like, these bridge rounds happen. I mean, you've like, been through so, so much shit, and I would assume you don't need to be doing this anymore. How has your body handled this?
- [31:30]
Aaron Levie
Well, I don't know that my body has handled it, but, but I'd say my. From a brain standpoint, it's very, very stressful. I see a therapist just like, to help me like, calm myself down. From an anxiety standpoint, you know, to Amjad's, you know, kind of example. Like, those are like the worst slack messages. There's like, if you just ranked like all of the, all of the stressful things because you're just like, like, you know, there's like 40 implications when a, when a key person leaves that you then have to like, like instantly kind of cycle through the. Probably the reason I keep doing it is because the upside still exceeds the, the anxiety and the stress. The stress and kind of time cost and.
- [32:10]
Sean
But what's your upside? It's not money at this point, I would have to imagine. What is it?
- [32:13]
Aaron Levie
The upside is, is the, you know, for lack of any better explanation, is just like the intellectual curiosity and excitement of building something and then having that thing be used in the real world and knowing that, like, you know, you get to just move that forward another, Another step. And then right now I'd say it's even amplified because most of the technology that, that is being built by everybody else ends up being something we can also build on top of. So it's like there's an unending amount of things that we get to go and, and, and kind of play with and be a part of. So, you know, if we were doing exactly the same thing every single day, and it was, it was totally a grind over like, you know, I could probably pull that off for maybe five years. I don't know that I'd be able to do like a decade of that, but like, I could probably put in five years of just like, total grind. But this is, you know, a grind plus just sheer adrenaline because, boom, new model drops. What's the implication? What can it do? You know, how does it touch? You know, for us, we love it because it all needs unstructured data and the information that we get to store and manage. And so whether it's, you know, new models, new agent work, you know, what's happening in the landscape, there's just an unlimited amount of things that you can kind of bite into. And that makes it Very exciting. So have you almost quit?
- [33:32]
Sean
When was the time, when was the time you were closest to bailing?
- [33:35]
Aaron Levie
I would never like personally bail. So the bales that could exist would be like, you know, you kind of sell the company or you like get fired, but you don't fight it.
- [33:46]
Sean
You never thought about resigning a CEO?
- [33:48]
Aaron Levie
There was a moment like 19 years ago where 18 years ago where you know, am I like a CEO or am I like a product person? And then do you have to get in a CEO? And then we just solve that by getting a CEO. And then that was like, oh God. This is like there's some like God. And God created a role for people like me where like somebody who like wants to do operational stuff gets to do that and then I get to still do product stuff but also be CEO. I was like, holy crap. Whoever came up with this idea like, is brilliant. And so that from that point forward that sort of solved any kind of like, like, you know, self doubt I had around like my operational skills. And then the rest has just been like, you know, is the company going to work? And then do we need to veer the company in a different direction or not?
- [34:34]
Amjad
You said you go to therapy sometimes and it's been helpful. What's been an unlock? You know, either maybe a realization or is there a win that you could share?
- [34:44]
Aaron Levie
Early on in therapy I kind of, we just like identified. I don't even know if there's like a word that everybody uses or only because like I've been going to therapy before like chatgpt, so I didn't like research everything that you were ever told. But like she used this term catastrophization or catastrophized. And so maybe that's like a well known term. I have no idea. But the theory being that like I catastrophize things so I get one piece of news and then I instantly extrapolate out to like the worst possible outcomes, like this one person leaves, which means the entire company's out of business because like, you know, they leave and then they were going to miss this one thing and that's going to stop working and then that's going to break and then doom. And by the way, I think actually like most people, most AI doomers should probably see a therapist because it's all just catastrophization. So for me like when I basically just started to once I could like kind of like maybe like understand it and like name it as something you can then feel when it's happening and then you're like, you know what? I know what this is. I've seen this 20 other times or 50 other times in this category. And guess what? It doesn't mean the end of the world. The thing doesn't end up blowing up and doesn't break everything. You do recover. And so that sort of shortens the cycles of the, like, anxiety pangs. Because, like, previously it would be like, kind of like you might be like knocked out for like three days because you're just like, oh my gosh, this is the end. This is the end of the whole thing. And, and then you, you go through it enough times and you're like, okay, this is like totally survivable. And then sometimes I almost like, I. Now I'm probably like a little bit bipolar on it because like half the time I will just downplay then when something bad happens because, because I just, I. Because I don't have like 100% intuition on like, when to like, what level to toggle it. So then for other people I'll just be like, this is totally fine. We're going to be totally fine. There's not a big deal. And it's just because again, I've, like, I've. I've sort of premitigated the catastrophe. And then other times, you know, I then still let it loose a little bit. But that's probably one of the best tools I've. I've. I've been able to have.
- [36:49]
Sean
We got to do a thing with Ray Dalio last week and he had us do like these personality tests because that's one of his. His kind of shticks. I'm like a 99 out of a hundred on being neurotic.
- [36:59]
Amjad
And it bothers you. You're not a hundred.
- [37:02]
Sean
Yeah, I stayed up all night.
- [37:03]
Amjad
I'm like, what, what questions are. I miss?
- [37:05]
Aaron Levie
I'm a neuro. Um, but I, I think it's like I'm.
- [37:09]
Amjad
I'm.
- [37:09]
Aaron Levie
It's probably jagged. What I'm actually neurotic about. I think there's only like five things. I have some like, like, you know, my. The most common slack is usually just like this. Something's three pixels off. And I was just like going through our website and I. And I just like, like it got stuck in my head.
- [37:25]
Amjad
Today's podcast is brought to you by my friends at Mercury. They make the world's best banking product. I think you know this already. I use Mercury for all my businesses. I think I have like maybe seven or eight businesses. We use Mercury as our business banking across all of them. And now they actually just launched a personal banking account. So I have my personal account there. I moved off of Wells Fargo and Chase. I'm just all in on Mercury.
- [37:44]
Aaron Levie
Why?
- [37:45]
Amjad
I like products that are easy to use. I like products that get me and the problems that I have. So like very easy to make a joint account with my wife. Very easy to spin up virtual cards. One click and I get savings yield. It just has all the stuff that I need in one place. So if you're looking for the best banking product on the market, it's definitely Mercury. I will fist fight anybody who disagrees with me on that. Go to mercury.compersonal and learn more. Mercury is a FinTech, not an FDIC insured bank. Banking services are provided through Choice Financial Group and column N A members fdic. Are you a believer in these personality tests? The way Dalia We've had actually a bunch of really impressive successful people come on and, and very much swear by the kind of personality stuff which I had always just thought is horoscope. Like that's cute. Do you want a crystal too? Like you know I didn't, I didn't really believe and now I'm like, I think enough smart people have, have, have told me this where I'm like okay, I should probably reassess my, my, my jokes here.
- [38:40]
Sean
Who else is into him besides Ray?
- [38:42]
Amjad
We had, who was the other person Monish was on. He's you know, an investor I think is very, very smart. He was. He described how his life changed from a, you know, an assessment that, that told him like, hey, the reason you feel the way you feel is because you're playing a game of managing clients and people but you actually thrive in solo player numbers based competitive games. And you know he, when he switched to investing he like thrived because that's exactly the type of game that, that rewards.
- [39:10]
Sean
Yeah. Do you, do you believe in them?
- [39:12]
Aaron Levie
I probably veer more on Sean's end prior to his Ray interaction. I think it's like fun is like a, it's usually like always like a good icebreaker at a, at a corporate off site. I've rarely left being able to do anything actionable about it. Like yeah, we know you're red. Like we know you're going to be aggressive. What are we going to do about that information? We know you're collaborative. Like it's very obvious you're collaborative.
- [39:37]
Sean
Well some people use it for hiring. They, they make you do like there's a whole company called Culture Amp. I think it's Called where you. Where you enter. You enter the job that you need to hire for and it tells you what personality type. And then you have your friends.
- [39:51]
Amjad
Finders. Does like 100 million a year on their. Their.
- [39:55]
Aaron Levie
Yeah. So. But like, I. So I. I end up somewhere just in this. Like, I'm told I'm fine with it. I'm also like, I. I don't run the business on it.
- [40:03]
Amjad
Like how I talk about people who are religious.
- [40:06]
Aaron Levie
If you want to have your religion, we're good.
- [40:08]
Amjad
Seems like it helps. Different question. Kind of in the same vein of kind of know thyself. From what I understand, you're a pretty big, like, business strategy nerd. I've seen. I've heard that you read books until late at night and you've. You've been doing this for a long time. Yeah. You're one of those guys. You know, when Amjad came on, he's twice he's referenced like the. What's it called? Like 7 powers or 5 powers or however many powers there are of defensibility.
- [40:32]
Aaron Levie
There's only seven.
- [40:33]
Amjad
All right. Seven. Yeah. Are you. If I was to ask people who kind of either founders you advise or people you've worked with, if I was like, yo, what are Aaron's kind of like the frameworks he really like pulls a lot or tries to like, get people to adopt. What are some of those that. That you could help teach us?
- [40:48]
Aaron Levie
Yeah, I've read every book, so I have a pretty good. I have a pretty good. I believe I have the best set of books at this point. Um, this is something that I'm. It's like one of the rare things I'm like overconfident about. If founders only read seven powers, just do seven Powers. It's all. That's like, obviously good, but if you add to it, you read positioning, have, you know, this one is that by positioning, nobody reads positioning. And then they up their whole market positioning strategy. So what Seven Powers does is that he's abstracted basically seven other books in a very compelling way, and everybody should read Seven Powers. But if you don't deeply understand Innovator's Dilemma and this other book, Innovator Solution, it's like this great tandem.
- [41:39]
Amjad
Yeah.
- [41:40]
Sean
They only do give you the problem. I've never realized.
- [41:42]
Amjad
Yeah. I didn't even know there's an Innovator solution.
- [41:45]
Aaron Levie
I mean, he knows how to sell sequels.
- [41:50]
Amjad
Innovator Strikes Back, this, the trilogy.
- [41:52]
Aaron Levie
Well, everybody gives up. They never read the Solution because they're already like 300 pages into the Dilemma and they're like, my God. So you, you want to read both the, the dilemma and the solution in tandem, like back to back. You want to read seven powers, you want to read positioning. You want to read, you know, for. It's a little bit more on the fun side, but Blue Ocean strategy, it's good. Kind of like mostly academic plus some a little bit infotainment and then, you know, maybe like crossing the chasm or inside the tornado. So if you, if you had the time and you could be like locked in a room and read like six books. If you, if you read that, you will be able to predict 100% of things that happen in technology, like without fail. Like, you'll know every competitive move that people are going to make. You'll know why markets do the ways, the things that they do. You'll understand so much more than just trying to like, like wing it and guess what's going to happen next.
- [42:43]
Sean
Do you have like an anti read list where you think these are popular and people read them, but they're, you don't think people should.
- [42:49]
Aaron Levie
Yeah, well, there are some kind of like your, your kind of like classics in like leadership books that I, I have not getting as into, but I do appreciate why people get into them. It doesn't like trigger my same sort of visceral, you know, kind of reaction. I think that they're intending.
- [43:08]
Sean
You're not, you're not a Leaders eat last or a starts with why type
- [43:11]
Amjad
of guy make your bed.
- [43:13]
Aaron Levie
I'm not going to, you know, because I respect the trade. I don't want to, I'm not going to call out anything specifically. Maybe offline. I'll, I'll mention a couple, but there are, there are a few where like I'm like 50 pages in and I'm like, I think this is kind of like a little bit too trite.
- [43:27]
Amjad
Well, let's use this because right now it's easy in hindsight when you read the books because they're like giving you a case study from 15 years ago, 20 years ago, and you can sort of Malcolm Gladwell, like revisionist history your way into like any conclusion you want.
- [43:40]
Aaron Levie
Those are the fun ones of, you know, the ones that were written in like, you know, 93 and it was like, you know, Digital Equipment Corporation will be the largest company on the planet based on, you know, and it's like it died two years later. Right.
- [43:54]
Amjad
But right now there's this fog of war with AI and it's basically Game of Thrones. You've got Elon, the king of the north, he's coming down, he's trying to make it happen. You got the anthropics, I guess. How do you see this playing out? Once you think about seven powers positioning, when you think about some of the frameworks you have, do you have any predictions for us that you can look really smart on or dumb on in next seven years?
- [44:15]
Aaron Levie
I'm glad you asked because I should. Based on my confidence on the power of those, those six books, I should be able to tell you the answer. They did not anticipate the AI market.
- [44:25]
Sean
Just for the record, I think you said if you read these books you could, you'll know everything. Anything with a 100% hit rate all the time.
- [44:32]
Amjad
Go ahead now.
- [44:34]
Sean
You just said, I don't know.
- [44:36]
Aaron Levie
No idea who's going to win. Well, partly because there's other factors here that Al Trite didn't write about. So he didn't know whether China would win in open weights models. No, I mean there are literally other factors because we have government, like government is such an X factor in this. China is an X factor. So no idea on all these things. More. What these books are good at is like, it'll be, if you're an entrepreneur, it'll tell you if your idea is going to be remotely, you know, going to work or not. So it works better in kind of like early stage. Like, like will this company find a category that it can like wedge into or will the incumbent more likely take the category? Like, so I use like innovator dilemma and innovator solution as an example. Will, will. Will basically tell you 75% of the time whether you have a shot as, as a new startup.
- [45:31]
Amjad
Can you make, can you, can you give an example, make it, make it a little more obvious?
- [45:34]
Aaron Levie
Yeah, I mean like, like, like the, the whole point of Innovators dilemma was everybody kind of thinks it's like a tech disruption book because like, oh, this, oh, they got disrupted by attack or something. But, but that's like, that's, it's too simplistic. The key is what Innovators dilemma tells you is if the business model is not something that the incumbent wants to pursue because the business model is unattractive to the incumbent. So if you look at it through that lens, it will very quickly tell you like, if you have a new startup, like does the incumbent, is the, is the incumbent going to find that business model unattractive or not? And if it's unattractive, they won't pursue it. And if it is, then you very much, you know, need to assume that that incumbent is going to try and compete with you. Then you have to decide is that a technology that, that for whatever reason is like a sustaining technology that the incumbent is going to be classically good at or is it like so hard for them to figure out that they're not? And then that tells you things like Google is going to obviously get really good at AI and they're going to like not like they're not going to like let the consumer market just disappear because it's actually an attractive business model as like there's nothing about having an AI answer from the Google experience that would be bad for monetization. And so like everybody that wrote Google off three years ago was like, it's very obvious that like, like Google wants to go do this one kind of, you know, fully. Conversely, there's a lot of business models where like over the years we saw like there were a lot of incumbents that didn't want to move infrastructure to the cloud because if they moved into the cloud instead of having like 10,000 customers, they would only have like three or four customers. And that was a totally different business model for certain software providers or certain infrastructure providers. And so you could kind of see who is going to be under pressure as the cloud grew. So I just use these frameworks because they kind of help you predict again like how is an incumbent going to respond? Are they going to respond in like a way that is sort of like closed? Are they going to respond with the right set of, you know, kind of mechanisms? And that just happens all the time. AI, you know, that generally is kind of playing out with not that different of response mechanisms from the incumbents that you would also again kind of expect like who's going to go and kind of enter each market, how are they going to compete, et cetera.
- [47:46]
Sean
Are you only interested in that in this business strategy stuff? Whenever I read Blue Ocean Strategy a lot of times I think dude, this is for a business that is, this is like box. This is like a multi billion dollar company who can, can swing up and become a tens of billions or hundreds of billions of dollar company over the next decade. Not as much like from an SMB lens. Like for example, where I live in New York City we have this thing called pop up bagels. And like it's like a kind of an interesting take on a bagel. I think they've actually just raised VC but like instantly disproving your question. But like do you ever think about, do you ever like nerd out on like you know, we were talking about, I forget the guy's name. Nat Friedman who bought, you know, the baseball card company.
- [48:32]
Amjad
Not Turner.
- [48:33]
Sean
Nat Turner, sorry. Do you ever think of it from that perspective?
- [48:37]
Aaron Levie
I do, I definitely do nerd out but only if it like crosses my universe. So I had a friend actually that had an online balloon website and he got, he was selling kind of balloons to some wholesale, some consumer and that was really fun because we could go and brainstorm like how would you do a consumer or wholesale kind of like party supplies business at scale. And so yeah, I mean it's like I don't find myself being able to as much but like it is always fun to get your arms around. We were always brainstorming is like how do you compete with Party City? Like okay, so like they've got this one complex thing because they have you know, physical infrastructure which means they have a high retail, you know, kind of cost. So it's hard for them to go as full kind of digital. And so there was a lot of like you know, classic incumbent dilemmas. I think every two person startups that are selling physical things in the real world run into the exact same market factors that a software business with VC run into.
- [49:41]
Amjad
If you were rewind the clock, you're a college student when you started box the Internet enabled ideas like that. If you were free, young, hungry to do something now, what do you think you would want to go build?
- [49:54]
Aaron Levie
Just because of my tolerance for pain, I would probably end up somewhere right in the center of the AI craziness just because I'd have to give it a shot.
- [50:06]
Sean
You're probably doing what we're all doing which is at like 9 to 10pm you're like toying around on Reddit or whatever and like looking at all the nerdy cool stuff. What is catching your eye in the past couple weeks?
- [50:17]
Aaron Levie
Brightbright Nothing has changed sadly in the past couple weeks. But my stack is not surprising. It's like every tab is one of or every app icon is one of. Codecs, cursor Perplexity Claude Figma I have everything and Perplexity is if you want cloud based computer use that's going to really go to the website and read each line of text. I'll click off to Perplexity Computer. If you, you know, if you're just doing basic research you have you know, a number of options. If you're building a prototype website, you know I, I play with you know, a few different tools so not nothing surprising on that front.
- [50:58]
Sean
What do you think about what's going on with the public markets in terms of software because that's something that interests us right now. Like, I think Sean was, was, he had written down here. What did you say, Sean, you think this is a generational buy?
- [51:10]
Amjad
I said, yeah, like, you know, permission to talk your book, you know, is, is software right now in a, in a generational buy spot or, you know, make the case you can talk about yourself or other companies.
- [51:21]
Aaron Levie
Well, it's, I'm very nervous about, about any investment advice on this topic simply because you're at the mercy of many other factors of like, is it, you know, chip trade week, which just means software goes down no matter what. And so like, you know, I say I'll make, you know, separate investment advice because I don't know what the right kind of multiples are at any given moment for this stuff. I would just say people probably for the first time ever started tweeting things like system of record nine months ago or whatever. But if you kind of take out any of the temporary zeitgeist nature of any of that and you just go back to the core of literally a system of record software, these systems are used as the authoritative place where your accounting data goes, or your, you know, your customer data goes, or in our case, your contracts and financial documents go. So these are not the things that like are high on the list of I'm going to go and just like try and build a totally alternative, different system for. And I want to build it myself and I just want, because I want to go and, you know, save a few hundred thousand dollars or a million dollars. Like these systems are in the, in the kind of core guts of these companies. So that sort of is why a lot of the software that people say, oh, I vibe coded it in a week. That doesn't necessarily equate to. Well then Ford is going to go and replace their ERP system with that vibe coded thing. Yes, you were able to stand up a prototype that was functional, but that's just totally different from running your enterprise that is held accountable to the SEC and a global supply chain on powering that. So that's why a lot of software won't go away in the same way people think. But then the upside, which is much more exciting, is what happens when you have agents that are running around and they need to go do all this useful work in your enterprise. Well, the useful work they're going to do is going to require access to data that's inside these systems and it's going to often require kind of guardrails that those, that, that, that the agent is sort of participating in and ensuring that, you know, the agent just doesn't go off the rails and completely change out, you know, fundamental parts of your ERP data or your CRM data or you know, kind of a core workflow. So they need deterministic software that they are kind of participating in that have the right walls, the right data access, the right permissions, the right workflow design that's largely going to come from existing software simply because that's where the workflows have already been built out in most enterprises. So there's a lot of actually ways to argue that there's more upside to certain software categories once agents can participate in those workflows because you can just do now way more with that software. So in our case we actually see an increase in usage because agents are now roaming around accessing all of this data. And you want them to access the same data that the user has access to, which means you want something that has like reliable permissions and access controls and whatnot. So then it really just becomes a question of like, how do some of these incumbent software companies monetize that agentic upside? And I think you're going to see, you know, mostly, it's mostly like a consumption oriented model. It'll be on this, more of this headless approach. But I think there's going to be a ton of usage of software as a result of the agent kind of adoption piece. But again, hard to then say, okay, so what should you buy or sell based on that? Everybody has to kind of go and do the work and sort of try and make a judgment call of what software will get used more because of agents, which is what software gets used less in the future because of that.
- [54:47]
Sean
Yeah, we work a lot with HubSpot and we are friends with Dharmesh and Brian and those guys. It's kind of insane. The, the market cap is like two and a half times the revenue and the revenue is growing 30 a year or something like that. It's crazy. It's crazy, crazy, crazy. I tend to believe it will go up. I just don't think that like a plumber in Missouri is going to make their own CRM.
- [55:11]
Aaron Levie
Yeah, yeah, I think the, for good reason, like we tend to have a, you know, kind of a simplistic binary approach. But like you look at vibe coding and you say, well, vibe coding must then replace the, you know, the software that we already use. And probably the real answer is no, it'll probably just be built on top of the software that we already use. And so it'll be the IT person going and customizing their workflow even further. But on a data stack that they trust is reliable and you're going to work very effectively. It's kind of interesting the signal that you see. So Anthropic's biggest announcement other than Fable in like the past month is this thing called Claude Tag where you work with a Claude kind of colleague in a shared way. Well, guess what system they launched in Slack. Why did they do that? Because the users are already in Slack and Slack has the right, effectively permission boundaries to be able to have a shared collaborative agent that you would work with. And why is Claude Tag so powerful? It's because it accesses your software systems that you can give it access to data. So Box is one of those data sources as an example. So instead of it sort of being like, well, Claude wins, so SaaS loses, you actually can be like, oh no, actually this is this intelligent substrate. It offers some set of kind of very useful use cases. But then it's probably going to also exist within deterministic software that also has a bunch of use cases that kind of create value. So I think once you kind of move on from the zero sum nature of okay, I'm going to go prompt my way into software every single day to no, I'm going to have some software that is always there, that is reliable and deterministic and I'm going to have intelligence kind of get added to that that does more non deterministic things. That's probably like a more logical balance that you'd expect in the future.
- [56:54]
Sean
Dude, you're awesome. You're smart as shit. We love talking with you.
- [56:58]
Aaron Levie
I mean you only talked about the things that I know. So if you, I can give you lots of topics that I'm not prepared to discuss.
- [57:07]
Amjad
Enterprise CEO has take on enterprise like wow, Enterprise software. Well dude, thanks for coming on, man. We've, we've enjoyed following you for a long time. It's, it's been fun getting to hang out with you here for a little bit.
- [57:20]
Sean
That's it, that's the pod.
- [57:21]
Aaron Levie
I feel like I can rule the world I know I could be what I want to. I put my all in it. Like no days off on a road let's travel never looking back.
- [57:31]
Amjad
All right, let's take a quick break to talk about a podcast because if you're listening to this, you like podcasts and what's better than one podcast? Another podcast and Let me tell you another podcast you should check out. It's called Success Story. If you like, hearing about different success stories and hearing Q and A sessions with successful business leaders, or hearing keynote presentations or just checking out conversations about sales and business and marketing tactics is a great podcast for you. So check it out wherever you get your podcasts.