Francisco Larrain, co-founder of Sudo.ai, recounts his career running a family office hedge fund in Chile prior to attending Stanford and becoming an entrepreneur.
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“The size of the hedge fund was three hundred millions, and when I left it was 2.5 billion, so we had a really good ride there.”
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More from Francisco Larrain
Insight
Francisco Larrain: Enterprise CRMs fail by relying on manual data entry
“The problem that we're trying to solve is that we think CRM customer relationship management systems and enterprise are broken. And we think that the reason that they're broken is that they rely on salespeople to be proactive about manually entering data into …”
Francisco LarrainJan 30, 2017▶ 4:45EP 555: Sudo.ai Raises $2.3M at $10.3M Post Money Valuation to Fix CRM Space with CEo Francisco Larrain
Insight
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“The big insight that we had in the company is that you really want to flip the problem around. You want to be able to integrate, grab all the interactions, phones, emails, meetings, like virtual meetings, and extract information from that, surface it to the re…”
Francisco LarrainJan 30, 2017▶ 8:05EP 555: Sudo.ai Raises $2.3M at $10.3M Post Money Valuation to Fix CRM Space with CEo Francisco Larrain
AssertionNot checkable as stated
Francisco Larrain: 80% to 90% of Sudo.ai interactions are AI-prompted
“And so we're about an 80 to 90% of the interactions now are prompted by pseudo.”
Francisco LarrainJan 30, 2017▶ 11:07EP 555: Sudo.ai Raises $2.3M at $10.3M Post Money Valuation to Fix CRM Space with CEo Francisco Larrain
AssertionNot checkable as stated
Francisco Larrain: Proactive AI prompts increased Sudo.ai usage from weekly to daily
“Yeah, the interaction before, when it was essentially reactive, it was like two, three times for the 20% of the customers that are the most engaged, from two to three times a week to five to seven times a day. So we really kind of like boosted the interaction …”
Francisco LarrainJan 30, 2017▶ 12:03EP 555: Sudo.ai Raises $2.3M at $10.3M Post Money Valuation to Fix CRM Space with CEo Francisco Larrain
Disclosure
Francisco Larrain: Sudo.ai has 30 to 40 unbilled private beta users
“So what we're doing is that we're working with like 30 or 40 customers right now, users, and, you know, we've learned tons from them, and, you know, also we've you know, we're not charging them because sometimes we have bugs, and like, you know, all those So a…”
Francisco LarrainJan 30, 2017▶ 9:35EP 555: Sudo.ai Raises $2.3M at $10.3M Post Money Valuation to Fix CRM Space with CEo Francisco Larrain
AssertionNot checkable as stated
Francisco Larrain: Prior startup Zapadly returned 4x to 5x in nine months
“We returned at four to five times the money for investors. In about a year, right? In about nine months actually.”
Francisco LarrainJan 30, 2017▶ 16:37EP 555: Sudo.ai Raises $2.3M at $10.3M Post Money Valuation to Fix CRM Space with CEo Francisco Larrain
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