Michael Koenig talks with Wade Foster, co-founder and CEO of Zapier, about running the company for 14 years without a CEO safety net and without ever naming a COO. Wade explains why he thinks hiring a chief operating officer from outside a company is a coin flip, why Zapier put AI transformation inside the chief people officer role instead of naming a dedicated AI executive, and why he believes AI adoption is fundamentally an organizational and people problem rather than a technology problem. The conversation covers Zapier's “code red” response to GPT-4, the pricing decision that traded short-term revenue for long-term customer trust, and what changed in Wade's own leadership style over 14 years in the same seat.
Why Zapier has never had a COO and why Wade calls external executive hiring a coin flip
Why AI sits inside the chief people officer's role at Zapier instead of a dedicated AI leader
The 2023 “code red” triggered by the jump from GPT-3.5 to GPT-4
How Zapier decides when a workflow needs deterministic software versus AI judgment
Why Zapier delayed its mid-market and enterprise push, and what that delay cost
Advice for non-tech companies on building an AI adoption mindset without a hackathon culture
Wade Foster co-founded Zapier and serves as its CEO. Zapier is a workflow automation platform that connects thousands of software tools and now powers billions of automated actions each month. Under Wade's leadership, Zapier grew to roughly 850 employees and a multi-billion dollar valuation while raising only a small seed round after Y Combinator.
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