David Yang
person on 2 shows · 19 statements across 2 episodes · said 9 times in 1 episodes since 2017
Top Founders 9 
Innovators & Investors
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Top Founders 9
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19 statements about David Yang, every show
Yang: Businesses lose 40% of marketing spend from slow inbound response
“Every single business, small, large, medium, has this fundamental problem that business cannot react on inbound lead inquiries immediately, and as a result, 40% of our market investment is gone.”
Yang: SMBs gain $250k to $500k yearly per location using AI receptionists
“It's typically it's from 25 to 50,000 dollars per location per month. Average small, medium business is getting from our type of technologies. So if you multiply by 12 months, basically it's a quarter of a million dollars, up to half a million dollars per year…”
Yang: Businesses should automate pre-sale inquiries before customer support
“So focus first on pre-sale and do your post-sale consultations, customer success, customer support part afterwards.”
Yang: Businesses lose 20% to 40% of revenue from unhandled inbound leads
“You are losing 20, 40% of your revenue right now.”
Yang: 7% to 14% of new customers reach out during non-working hours
“So, 10% from seven to 14, actually, percent of all your new, new customers are coming from that non-working hours.”
Yang's earlier POS system currently runs 70,000 restaurants in 60 countries
“We decided to create our own POS system, which currently runs 70,000 restaurants in 60 countries.”
Yang: AI agents will cooperate with humans rather than replace them
“We understand AI agents will work actually along with humans. It will be a real cooperation which is happening actually already now. Human first, AI second, or AI first, human second, but it, in 99% of our cases, it's a cooperation.”
Yang: Hallucinations and booking errors occur even with the best LLMs
“Then you realize that in reality, five percent of your bookings actually happening on the at the wrong time. Or agent is saying, I sent an SMS, but never did. Or it asks you to provide an email You are not doing that just because you've forgotten. Agent never …”
Yang: Electrons possess quantum consciousness through wave function collapse
“In my personal, I'm a physicist by training, I believe the electron does have quantum consciousness. Just collapsing the wave and particle is actually is a expression of conscious decision, in my opinion.”
Yang: Yva.ai charges about $5 per month per employee
“It's a four to nine dollars per employee per year. Basically it's about five dollars per month per employee.”
Yang: Yva.ai clients expand company-wide within 3 to 6 months
“It's initially it kind of starts with hundreds to a thousand between 101,000 employees depending on the size of the organization. And in three, six months, they typically expand to sometimes to the whole population.”
David Yang: ABBYY employs 1,300 people with 50M global users
“My largest organization called ABBYY.com. It's a leading company 1300 employees fifty million users worldwide.”
David Yang: Yva.ai spun out of ABBYY with $3M in funding
“Eva started as a design lab inside ABBYY. And when we spun off the company, it was just three million dollars we received right away when we spun out the company.”
Yang: Yva.ai is probably only HR tool integrating collaboration sources
“We are the only company in the world, probably, at least I don't know anyone else, who connects system to collaboration sources like Microsoft Teams, Select, Jira, GitHub, and other collaboration circles.”
Yang: Yva.ai employs 65 to 68 people and will surpass 100 soon
“We are 65 about right now we're drawing, it's maybe 68 and we're going to be over a hundred employees soon.”
Yang: Toxic managers and resignation risk become acute at 100+ employees
“The actual pain points with informal leaders, Detached to you leaders, toxic managers, no resignation prediction, all that starts playing when you are a hundred or a thousand employees and above.”
Yang: Not all 496 Yva.ai customers at year-end 2020 were paying
“496 customers we had by the end of last year, not all of them were paying.”
Yang says Yva.ai requires a refundable 12-month deposit for free trials
“We provide three months for free. So it's they for, from some amount we require a 12 months deposit, which is A hundred percent refundable if company is not decided not to continue after the three months of free.”