Jason’s Takes on This Week’s 20VC x SaaStr: The Agents Never Suggested Canva, The Meme You Can’t Outrun, and Why I Only Underwrite Founders Now

Per SaaStr, Jason Lemkin is watching Canva's growth slow from thirty to twenty percent and asking a sharper question: would his AI agents ever reach for it? He calls it the agent test—if you gave an agent the job your product does, with no instruction to use you, would it? For products designed to help people skip specialists—Canva, Notion, Airtable—the answer increasingly is no. Agents do that natively now. The enterprise side will follow, but slower. Lemkin's own investment shift: he's only underwriting founder-run companies now, because platform shifts require someone willing to rebuild the company from scratch.

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