Topic
7 facts from 1 episode, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
Undated
Taubman says it took Long Lake over a year on its first acquisitions to realize AI's potential in business outcomes.
“you know, in the beginning, it took us over a year with our first acquisitions to actually, you know, find the the real potential of AI”
Undated
Taubman says the acquired HOA businesses grew about 0-5% a year in volume before acquisition and now grow more than 20% a year.
“they were typically growing zero to 5 a year in terms of volume. We're now growing 20 plus a year.”
Undated
Long Lake's co-founder and chief technology officer, Rasmus, met Alexander Taubman through an early investor and board member.
“Rasmus, our our co-founder and CTO, uh, he and I were connected through one of our f, you know, early investors and board members.”
Undated
Taubman says travel appealed to Long Lake because it is mission critical, has a high cost of failure, and most trips generate revenue.
“it's a mission critical service, it's high cost of failure, um, most trips are revenue generating.”
Undated
Taubman says his family business, started by his grandfather and run by his father and an uncle, was a 75-year-old company that the family recently exited.
“my grandfather started, my dad, Ru- an uncle ran for for for 75 year old company that we recently exited.”
Undated
Taubman estimates that real enterprise AI use cases are only around 1 percent penetrated in the economy.
“AI is very, very underpenetrated, it's probably around 1 penetrated in terms of real enterprise AI use cases.”
Undated
Taubman says labor-intensive service companies keep only about 20 cents of each additional revenue dollar because most goes to added labor.
“you only keep $0.20 on the dollar of every incremental, uh, dollar of revenue that comes in, because, you know, most of it goes to incremental labor.”
Episodes