20VC: Wix's Founder on What Wall St Gets Wrong About AI and Wix | Will Base44 Win the Vibe Coding Wars | The Truth About the Economics of Vibe-Coding | The Buyback Disaster: Lessons Learned with Avishai Abrahami

You're not gonna vibe code Shopify, no matter how good you are. Today we are trading on others' companies' news. We're not trading on Wix news. I I really don't care. We make about $400 million a year, okay, in in free cash flow.

So we make cash and we invest about 200 and something million into PES44. We all give too much credit for AI and what it can do. If I would be in the university studying today, I would be terrified. If I'm here, I need to be fully committed to what I'm doing. Because I've chosen to be here.

This is 20 VC with me, Harry Stebbings. Now, it's a tough time for some public company CEOs with the SAS pocalypse. That is more true for this CEO than almost any other. The Wix market cap is about $2.8 billion. They are doing $2.1 billion in revenue.

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