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Investor with golden touch for social startups is jazzed about the enterprise

Matt Kapko | March 21, 2017
A venture capitalist with massive wins in the consumer social market is excited about the parallels he sees in the enterprise. Apps for work are going through a rebirth and Bijan Sabet is putting money on it.

“Are these products they use once a quarter because their boss tells them to use it, or are these products that the customer either truly loves or counts on as a daily use product?” he says. “You would never, I think, use words like ‘daily active user’ with enterprise products before this kind of generation of startups.”

 

While advancements in robotics and automation technology put countless jobs at risk, apps for work that increase productivity and satisfaction among employees are having quite the opposite effect, according to Sabet. “I don’t think this is displacing work, I think it’s enhancing work,” he says. “I don’t feel like this type of innovation is causing a lot of stress… If anything, it’s relieving it.”

The accelerating comfort and ease with which IT leaders are embracing the cloud is helping to make these new opportunities possible, according to Sabet. “Ultimately, I think CIOs are going to pay attention to what their employees are gravitating towards,” he says. “With partnership between the employees and the CIO, I think we’re just going to see continued innovation here.”

 

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