Sramana Mitra: When you went out to raise money, you didn’t pitch it as an AI company? Salil Pande: I didn’t pitch to anyone. All my seed investment came from my ex-boss. He connected to his ex-boss. Sramana Mitra: Friends and family.
Sramana Mitra: What is the pricing structure? How much are colleges and universities willing to pay to train their student body in just the elevator pitch? Salil Pande: We don’t ask that question. Our thing is we’re trying to be a collaborator with the university. Sramana Mitra: But you’re doing $5 million plus in revenue.
Sramana Mitra: Go down one level and explain more about the technology. Salil Pande: What we have done is essentially provide feedback on your resume. For feedback from someone qualified today, they would have to spend boatloads of time with you. There is an assumed knowledge that they should have about what’s a good resume
Salil and Kiran Pande have built a capital-efficient AI company from India addressing the global career services market. It’s a wonderful conversation that works in both AI thought leadership and also their entrepreneurial journey. Enjoy! Sramana Mitra: Let’s start by introducing our audience to yourself, your co-founder, and VMock.
Lloyed Lobo, Co-founder and President of Boast.ai, discusses his failures and eventual success building AI startups. Wonderful conversation! Sramana Mitra: Welcome Lloyed. I’m looking forward to know you and understanding what you’re doing. Lloyed Lobo: Thanks for having me.
Martin Neale: From our perspective, we understand that the Microsoft sellers provide a specialized service. They typically will be happy to talk to you if you have gone through some of the activities required. You are a Microsoft partner. You have signed up through their co-selling program. If you do those things and your proposition
Sramana Mitra: The text-to-voice technology is from Nuance? Martin Neale: It’s not. It might be from Nuance at some point, but Microsoft is already doing their own telephony integration. We use another vendor’s technology for the telephony piece. Sramana Mitra: Talk to me about the healthcare public service case studies. What kinds of applications and
Unicorn is a startup with an estimated valuation of over $1 billion. More than 1000 unicorns exist today. Snowflake, Atlassian, ServiceNow are examples of startup unicorns. They’re massive, multi-billion dollar publicly traded companies now. Yet, they all started as an idea, took one step after another, grew in size, and so on.