Ventech's Stephan Wirries on AI Agents vs SaaS

AI agents may force a structural reset in software — weakening seat-based SaaS and shifting value toward outcomes, infrastructure, and regulated workflows. Ventech partner Stephan Wirries makes the case with Jörn “Joe” Menninger.

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Why this episode matters: If agents break the seat-based model, every software valuation is up for debate. Stephan Wirries's thesis is a map of where software value migrates next.

In this episode, we cover:

• Why AI agents threaten seat-based SaaS pricing
• Stephan Wirries on the coming software reset
• How value shifts to outcomes and infrastructure
• What regulated workflows mean for defensibility
• How investors should reprice software

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