The a16z Show · 11/10/2026 · 59 min
HubSpot’s Co-Founder on Finding Your Next Startup Idea
Transcript (8 segments)
Joe Schmidt
Chat GPT and Cloud Cover, they're effectively the new OS. There's plenty of room to build software outside the path the frontier AI labs are racing down.
Joe Schmidt
The actual thing that's valuable is the work that's happening, the interface is a means to an end.
Dharmesh Shah
Building an ecosystem is a lot like building a product, but you have to think of it that way.
Dharmesh Shah
The reason we chose to do it all is the only way for us to solve the actual problem customers had, which is they're intimidated by this fragmentation, everything's already we had to do it all in one offering.
Joe Schmidt
The architectural decisions that you made when you originally built Hubspot was for a human to be navigating all of this information.
Dharmesh Shah
Now we have these unbelievably powerful models that can go look at things in very different ways.
Joe Schmidt
What is the framework we need for the next 20 years of Hubspot, now knowing that we have this AI world?
Dharmesh Shah
Couple things, one is as Open AI and Anthropic move deeper into applications, what's left for startups to build?