Eoghan McCabe


CEO and Co-Founder Intercom, Eoghan McCabe
May 20, 2024

Guest: Eoghan McCabe, CEO, Chairman, and Co-Founder of Intercom“We are not ready for the degree to which our world is going to change,” says Intercom CEO Eoghan McCabe, “in insane and incredible ways.” When he co-founded the company in 2011, the Irish-born entrepreneur was making it easier for companies to offer human customer service to their customers. But Eoghan believes “every single type of knowledge work” will soon be done by AI, and Intercom is well on its way to that destination: 45 percent of all tickets are being answered by bots now, and he expects that number to climb to 70 percent by 2026. “The agents no longer have to do the repetitive, painful, boring work,” Eoghan says. “They can focus on the more human, creative, interesting work that requires their empathy and creativity.”In this episode, Eoghan and Joubin discuss fitting in, Archana Agrawal, authentic comms, taking risks, returning to the company you founded, politics at work, celebrating innovation, therapy for founders, and Ram Dass.

Chapters:
01:04 Insecurity and success
06:16 What Intercom does
08:20 Reinvention and “big company values”
15:50 Becoming an AI company
16:53 2011 vs. 2024 in San Francisco
21:03 AI for customer service — and more
25:07 “The shitty gift that being attacked brings”
30:25 Expectations vs. reality, part one
33:16 What success means now
36:08 Running away
39:56 Coming back
41:58 Being busy is BS
44:10 Expectations vs. reality, part two
45:44 Self-mastery
50:38 Sanding off the rough edges
55:08 Who Intercom is hiring and what “grit” means to Eoghan

 

How Intercom rose from the ashes by betting everything on AI | Eoghan McCabe (founder and CEO)

Aug 21, 2025
Eoghan McCabe is the founder and CEO of Intercom, a customer service platform that has successfully pivoted to become an AI-first company with its agent product, Fin. After stepping away from the CEO role in 2020 due to health issues, Eoghan returned to find the company’s growth had stalled. Just one month after his return, ChatGPT launched, and within six weeks, Intercom had a working prototype of what would become Fin. In this conversation, Eoghan shares the brutal reality of transforming a late-stage SaaS business valued at multiple billions into an AI-first company that’s now growing faster than most public software companies.

We discuss:
1. Why Eoghan believes most late-stage companies won’t survive the AI transition
2. The “founder mode” transformation that required firing 40% of staff and resulted in 98% employee satisfaction
3. Why having “nothing to lose” is the ultimate advantage in AI transformation (and why comfortable companies will fail)
4. How Intercom transformed from a plateauing SaaS business to an AI-first company growing at 300%+
5. How Intercom’s pricing evolved from “the most hated in SaaS” to a model that charges just $0.99 per resolved ticket
6. The cultural transformation required to compete with AI-native startups
7. How 12 years of therapy and a period of “ego death” shaped Eoghan’s leadership approach
 
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