Everything Barb Hyman said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Hyman: Google and IBM Watson lack data to match Sapia.ai
“It's something that IBM tried to do with Watson for a couple of decades, but couldn't because they didn't have the data. And even though Google has 10,000 PhDs working in NLP, they can't do it either because they don't have the data.”
Hyman: Companies without data scientists on LinkedIn are not doing real AI
“And one quick check that I suggest to businesses is go out on LinkedIn and see whether there are any data scientists. If they're not, then there's not really AI going on.”
Hyman: Sapia.ai costs $20 per hire compared to $1,500 for RPOs
“So if you're using an agency, I don't know what it's like in the U S but in Australia, you know, you might be paying 1502 thousand per hire for an RPO. You know, you're paying 20 bucks per hire with our technology.”
Hyman: Sapia.ai uses no open-source algorithms or products
“Everything we do is proprietary. So we don't use any open source algorithms or products.”
Hyman: Training hiring models on CVs and incumbents amplifies bias
“When you're hiring off your incumbents, you risk amplifying existing biases, and secondly, when you're using CV data, you're very likely to amplify existing biases.”
Hyman: Sapia.ai has 800M words of proprietary interview response data
“The data that we have that's first party and proprietary data is the responses to those structured interviews. That's now at about eight hundred million words.”
Hyman: Sapia.ai Typical ACV Ranges from $100k to $150k
“It's around about a hundred to a 150. We might have significantly higher than that, but you know, somewhere around about a hundred would be typical.”
Hyman: Sapia.ai Serves Qantas, Woolworths, and Bunnings in Australia
“We work with most of the trusted consumer brands there, Qantas Group, Woolworths Group, Bunnings, you know, anyone who's on the ASX is aware of us, if not using us.”
Hyman: Sapia.ai Counts Around 50 Enterprise Customers Globally
“We have around 50 enterprise customers at the moment across Australia, the US and the EU.”
Hyman: Sapia.ai will reach close to 200,000 candidate hires in 2022
“This year I'd say it would be close to 200,000.”
Hyman: Sapia.ai is likely to reach 3 to 4 million interviews in 2022
“We, we're likely to get to three, four million interviews this year.”
Hyman: Personally Invested $500,000 into Sapia.ai
“I've put in my own money, you know, I've put in half a million dollars.”
Hyman: Sapia.ai achieved a six-month capital payback period
“It was a six month payback, which for an enterprise business is pretty impressive.”
Hyman: Sapia.ai is targeting a $10M to $15M US fundraising round
“Look, I'd say between 10 to 15 US, you know, we want to really, you know, we've got a team of seven salespeople.”
Hyman: Sapia.ai has runway through mid-2023
“We're not in any urgency because we've got runway until the middle of next year.”
Hyman: Sapia.ai has grown revenue over 200% year-over-year
“Yeah, we've grown a bit more than 200%, but yeah.”
Hyman: Sapia.ai has zero direct churn and 100% renewal rate
“We've had no churn, no direct churn. We have deals with RPOs who are like agency partners, and they've been kicked out, and we've, you know, had to go along with them. But our renewal rate is from our direct customers is a hundred percent.”
Hyman: Sapia.ai has seen ~20% usage expansion over past 12 months
“Yeah, it's been about 20%. It's been about 20%, yeah.”
Hyman: Sapia.ai Is Not for Sale
“Don't come with any offers. I'm not selling.”
Hyman: Sapia.ai completed around 80,000 candidate hires last year
“About 80,000.”
Hyman: Aesop is launching with Sapia.ai in the US
“Aesop's just about to go live in the U S.”
Hyman: Starting in sales earlier would have yielded far more money
“I wish I knew that I was so frigging good at sales because I would have gone into sales and made a lot more money than where I am right now.”