The SaaSpocalypse has left every legacy SaaS company asking the same question. Can you transition existing customers to the new AI way of automating things and save yourself in the process? Wix is a perfect lab experiment for this. They have 6.1 million customers already paying them to build websites, and an AI product in Base44 that has reached $100M ARR doing exactly what those customers now want to do with AI. The use case couldn't be more tailor-made. And the math is straightforward enough. If Base44 can grow like Lovable or Replit, Wix could become a 30% growth company in 24 months. If it can’t, the core will keep declining. This is as clear a second act play as it gets. If you can't cross-sell existing customers to the new AI way of doing the same thing with 6.1 million customers and that obvious a use case, the second act story doesn't work for anyone. There are two trillion dollars worth of public companies and another trillion dollars worth of private companies for whom this is the bet.

Ohne Nius gäbe es dieses Foto nicht. Niemand aus dem etablierten Presse-Zirkus hätte das gebracht. Man hätte Habeck das durchgehen lassen!

I'm German. 16 years ago, the EU and US economies were neck and neck. Today, the US economy is 50% larger than the entire EU combined. Here's the devastating truth behind Europe's ongoing economic suicide 🧵:

🧵Morgan Stanley just dropped their 2Q’23 CIO Survey & things are looking 🫤 Enterprise budgets remain constrained & vendors seek to discount products while Generative AI is still a big question mark from CIOs Here are the top 10 takeaways you should know going into Q3 ⬇️

My daughter’s friend has a toothbrush that talks affirmative things as long as she’s brushing her teeth. “Stay positive!”, “be courageous today”, “what a beautiful day!”. Where do I get one for adults?;)🤩

Salesforce ❤️ Slack BAM

Industry Perspective: Hiring and Developing the Best, via @jonnosoutham: amzn.to/2YmaobP

Teams at #sbhack have 1.5h to finish their code after day and night #hacking. Congrats to all the busy 🐝! @awscloud team is so excited to look at all the solutions and we are just prepping the awards! @Trust_Square #blockchain

Marta Grzechnik's #globalhistory seminar paper placing Poland in the field of postcolonial studies & exploring the problematic place of the "Second World" was published in the International Journal of Postcolonial Studies. @HarvardWCFIA @EuropeAtHarvard tandfonline.com/doi/full/10.…

I will never tire of the amazing #tech and people in 🇪🇺, proud to help take them to the next level, together with my amazing fellow jury members @EU_EIC @H2020SME

Join me for the #AWS Startup Day in Berlin on October 9th! Over 20 expert speakers across 3 startup focused tracks will share tips & advice on what it takes to build a successful startup. #startups #VC aws.amazon.com/events/startu…

20 expert speakers across 3 startup tracks who’ll share tips & advice on building a successful startup. Join us for the AWS Startup day Berlin #AWSStartupDay #VC #Startups aws.amazon.com/events/startu…

Pleasure to work with #EICSummit18 and top #software startups!

Cant wait to meet some amazing #IoT and #software startups tomorrow at #EICSummit18 @BerlinStation supported by #SMEinstrument! @EU_EASME @H2020SME

Thrilled to announce that Im joining the team of @awscloud! I will develop and grow the AWS business and offering for startups in DACH. Big thanks to the team @BlackPearlsVC for the last 2 years! medium.com/@ewencja/the-vc-t…

I just published “The VC Triangle: Hello Amazon! 👋” medium.com/p/the-vc-triangle…

Join the EIC Innovators’ Summit 2018 on September 10-11 in Berlin and learn more about EU funding opportunities! 🇪🇺🚀 eu-startups.com/2018/08/join…

Big thanks to @StylightTech & @WayraDE for inviting me to #DAHOAM18. @AnnaStaber & @stereimann -it was fun! x.com/annastaber/status/1022…

Is @Lemonade_Inc disrupting the product value chain? Hear @ewencja thoughts on this, #SME instruments, finding product market fit, and the state of #European #AI 🧠 Checkout the full interview here ➡️ bit.ly/2v3ZtCJ #Disruption #InsurTech