The end of Microsoft Excel's 40-Year Dominance? (Shortcut AI is INSANE)
Greg Isenberg
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Subscribe for startup ideas & tutorials on on how to use AI to build & grow your startup. Hey, I’m Greg - CEO of Late Checkout and ex-advisor to Reddit, TikTok, and more. I post videos here from my podcast top 0.1% tech podcast called The Startup Ideas Podcast. You can also listen to The Startup Ideas Podcast on Apple Podcasts and Spotify. I keep it practical and never gatekeep the sauce. I share what I'm learning in real-time. Happy building
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Go to https://ideabrowser.com to get validated startup ideas every single day and prompts to build your big idea. Timestamps 00:00 - Intro 00:53 - Overview of Shortcut 02:08 - First Demo: How Shortcut works with Existing Excel files 04:44 - Different User Types Who Benefit From Shortcut 08:50 - How to Prompt Shortcut Effectively 11:20 - The benefits of Using Shortcut 13:42 - How Shortcut handles data verification and transparency 17:03 - Best Use Cases for Shortcut 19:03 - Obvious ideas and market opportunity 22:23 -Building a Utilization Model for Agencies 34:59 - Greg's Custom Utilization Rate Dashboard Demo 39:29 - Who should try Shortcut https://www.tryshortcut.ai Key Points: • Shortcut is an AI-powered alternative to Excel that allows users to create and modify spreadsheets using natural language prompts • The tool can perform complex financial modeling tasks in minutes that would take hours in traditional Excel • Shortcut provides transparency by showing data sources and allowing users to trace where information comes from • The platform serves both Excel experts (making them faster) and non-experts (making complex spreadsheet tasks accessible. 1) What is Shortcut? Think "Excel if it was built in 2024" with a superhuman AI agent that: • Looks exactly like Excel (but way smarter) • Understands plain English commands • Does 90% of your spreadsheet work for you • Works with existing Excel files No more struggling with formulas or macros! 2) The Demo That Blew My Mind I watched Nico: • Update an entire Microsoft DCF model with Google's latest financials • Pull data directly from 10-K filings • Fix formula errors automatically • Create a complete agency utilization dashboard from scratch All with simple English prompts. No Excel skills needed! 3) The Trust Factor The biggest concern with AI + financial data: "Can I trust it?" Shortcut solves this brilliantly: • Shows exactly which values are hard-coded vs. formula-driven • Cites sources for every piece of data • Displays the exact page from financial documents • Explains its reasoning You're still in control, just 10x faster. 4) Two Types of Users Who NEED This Excel Experts: Turn hours of work into minutes Excel Novices: Instantly become an Excel wizard "I'm not a big Excel guy... I want to manipulate it but I'm scared I'll break something" - me Shortcut makes EVERYONE an Excel power user overnight. 5) How It Works The magic is in the prompting: • Start with a vague request ("Build me a P&L") • Shortcut asks clarifying questions • It builds exactly what you need • You can refine with follow-up prompts It's like having a finance team in your pocket that works at AI speed. 6) Real-World Applications In the demo, we built: • A complete financial projection model • A detailed agency utilization dashboard with benchmarks • A DCF model with data pulled from SEC filings All in MINUTES instead of HOURS or DAYS. 7) Why This Matters Excel has been around for 40 YEARS and has 2 billion users. But it was designed for a different era. Shortcut isn't just making Excel easier - it's fundamentally changing WHO can do financial analysis and HOW QUICKLY they can do it. The #1 tool to find startup ideas/trends - https://www.ideabrowser.com LCA helps Fortune 500s and fast-growing startups build their future - from Warner Music to Fortnite to Dropbox. We turn 'what if' into reality with AI, apps, and next-gen products https://latecheckout.agency/ Boringmarketing - Vibe Marketing for Companies: http://boringmarketing.com/ The Vibe Marketer - Join the Community and Learn: http://thevibemarketer.com/ Startup Empire - a membership for builders who want to build cash-flowing businesses https://www.skool.com/startupempire/about FIND ME ON SOCIAL X/Twitter: https://twitter.com/gregisenberg Instagram: https://instagram.com/gregisenberg/ LinkedIn: https://www.linkedin.com/in/gisenberg/ FIND NICO ON SOCIAL X/Twitter: https://x.com/nicochristie Shortcut: https://www.tryshortcut.ai (https://www.tryshortcut.ai/)
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