Micha Kaufman is the Founder and CEO of Fiverr, the leading online marketplace for freelance services. Fiverr has had an insane ride in the public markets, in 2019 the company went public with a $650M market cap, at their peak that hit over $8BN. Today, facing a wave of AI, the company has a market cap of $1.121BN on an estimated $430M EOY revenues. Prior to co-founding Fiverr, Micha successfully founded and led several startups over the last 30 years.
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In Today’s Episode We Discuss:
00:00 Intro
01:00 AI Is Coming for Your Job
03:03 Confronting the AI Threat to Fiverr
09:40 Do People Really Want to Work Anymore?
18:00 Why Your Startup Can Be Copied in 10 Days
23:08 How Do You Invest When There’s 20 Startups in Every Category?
28:53 Is an AI Bubble Burst Coming?
37:53 We’re Creating for AI, Not People
42:10 Do Public CEOs Need an AI Take Now?
49:48 Tech’s Wealth Gap: Are We Creating a Monopoly of Everything?
53:10 The HubSpot Problem: When Feature Overload Kills Execution
57:48 Which Department Took the AI Hit at Fiverr?
01:02:07 Leadership Adaptation in an AI World
01:06:18 Quick-Fire Round
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