Unsolicited Feedback Chris Savage (Wistia) Analyzes InVision's Downfall, Reviews Humane’s Product Reveal, and Discusses the OpenAI Drama
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Nov 28, 2023 Chris Savage, Co-Founder & CEO of Wistia, discusses InVision's downfall, critiques Humane's product reveal, and dives into the OpenAI drama. He also shares his excitement for Ro.am, a new product. Topics include competition between InVision and Figma, incorporating AI technology into Wistia's platform, and the advantages of Rome as a virtual headquarters for remote teams.
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Power And Peril Of Company 'Religions'
- Companies need religious-level beliefs to rally teams around bold, long-term bets.
- Those beliefs help early success but make it hard to change when the market shifts.
Wistia's No-Sales Experiment
- Wistia once believed they could scale without sales and grew to $10M revenue with no sales team.
- Later they added sales after losing large customers who couldn't buy without human help.
Platform Drama Has Wide Industry Effects
- The OpenAI leadership drama has broad ecosystem impacts beyond the company itself.
- Startups built on its stack face downtime risk, changed pricing, and potential regulatory backlash.