Jake Saper

GP @ Emergence Capital

[Jake Saper @jakesaper]

@CorinneMRiley @DannieHerz @GreylockVC Before!

[Jake Saper @jakesaper]

@alexrkonrad This is the first of what I predict will be many major SaaS businesses shifting to AINS. Great job capturing the shift. And big props to @chuckganapathi and @GainsightHQ for leading.

[Jake Saper @jakesaper]

@tuhinone LFG!

[Jake Saper @jakesaper]

5/ Stop selling the seat. Start selling the result.

Full piece on when this transition makes sense, what changes, and why waiting is the bigger risk: https://t.co/BbdGwT2uLL

[Jake Saper @jakesaper]

1/ Two weeks ago I took a walk with the CEO of a SaaS company with hundreds of millions in ARR.

He told me he's pivoting the entire business to a services model.

Can't share who yet. Soon.

[Jake Saper @jakesaper]

4/ The next Salesforce won't sell CRM seats. It'll just run your sales ops.

The next Workday won't sell HRIS licenses. It'll deliver fully managed people operations.

The winners in the next decade may not sell software at all.

[Flo Crivello @Altimor]

Okay this one seems real. First time ever an OSS model beats Sonnet 4.6(!!) on our evals. Now begins vibe testing, but this is promising.

[will brown @willccbb]

the best American open-source model ever just dropped, and it costs less than $1 per million tokens

i feel like more people should be talking about this

[Chris Hladczuk @chrishlad]

We raised a $27M Series A to replace the spreadsheets and human duct tape behind $100 trillion in global assets.

Fund administration is the invisible backbone of private equity and venture capital - and it’s broken.

Why?

Financial data is scattered, stale, and locked inside legacy providers. Books take forever to close. Basic questions about your own fund take days to answer.

So we rebuilt the general ledger, waterfall engine, investor portal, and portfolio management from scratch.

One single source of truth for your firm.

Our AI agents read emails, propose journal entries, and extract portfolio updates in seconds. Our CPAs review every output.

Today, we administer $15 billion in assets - and we’re just getting started.

Every fund CFO keeps getting asked: how will you adopt AI?

Now you have an answer.

Run your firm in real-time with @hanoverpark.

–-

Excited to partner with Jake Saper at @emergencecap @peterjhebert at Lux, @chadbyers/@pratyushbuddiga at Susa and CFOs at the largest private equity firms to forge this future.

[Jake Saper @jakesaper]

@chrishlad

[Jake Saper @jakesaper]

@nmasc_ Yes! I'm interested in AI-native trade schools.

[Jake Saper @jakesaper]

@dafrankel @MikeyShulman @suno Amazing. So excited for yall.

[Jake Saper @jakesaper]

@camillericketts @mlmanapat @emergencecap 😊

[Jake Saper @jakesaper]

@mlmanapat 😻😻😻

[Jake Saper @jakesaper]

@toddsaunders @dafrankel @BainCapVC @ToddKrizelman @nhglass @Olo @scalevp @emergencecap I had the exact same thought

[Jake Saper @jakesaper]

@HarryStebbings

[Jake Saper @jakesaper]

Public software is down 40% in 12 months. The selloff has been indiscriminate.

But it won't stay that way. When the market starts distinguishing again, the winners will be companies whose moats survive a world where agents do the work.

We spent Monday at @emergencecap debating which moats actually hold up. Here's the spectrum we landed on.

The short version: Seat-based pricing and workflow stickiness were the backbone of the last era. Both are eroding. The next era rewards outcomes, context, and trust.

And the most important/enduring moats in the AI era and currently being slept on...

[Jake Saper @jakesaper]

https://t.co/hK92DhyB0y is the strangest redirect I've ever seen. I'd love to know the story here...