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Alex Wiltschko

๐Ÿ‘ค Speaker
332 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

I think a recent example where folks decided to just enter and to compete would be Metropolis, if you've heard of that example. I can, they're making software for managing parking lots. The parking lot industry just weren't ready buyers of that software, but it actually worked. It made parking lots more efficient. So they became a parking lot company, right?

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

I think a recent example where folks decided to just enter and to compete would be Metropolis, if you've heard of that example. I can, they're making software for managing parking lots. The parking lot industry just weren't ready buyers of that software, but it actually worked. It made parking lots more efficient. So they became a parking lot company, right?

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

We went through a similar journey where we, I mean, if I could have sold the software here and believe me, we've tried, like, yeah, we'd be selling software. We might not be talking, but there's not that many fragrance houses, period. And

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

We went through a similar journey where we, I mean, if I could have sold the software here and believe me, we've tried, like, yeah, we'd be selling software. We might not be talking, but there's not that many fragrance houses, period. And

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

I think that we have the opportunity not to just sell into an industry that looks very large, it is very secretive, but I think with this software and these tools, we have the chance to really transform it for the better. The way that business is done here hasn't transformed for 300 years, and a lot of the way that things are done should stay the same.

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

I think that we have the opportunity not to just sell into an industry that looks very large, it is very secretive, but I think with this software and these tools, we have the chance to really transform it for the better. The way that business is done here hasn't transformed for 300 years, and a lot of the way that things are done should stay the same.

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

They've stood the test of time, but the world's getting faster. People are asking for more transparency. People want to make sure that the fragrances that they're using are safe. And also there's a lot of people who still don't even know how to get a fragrance made, right? And like, look, every company has visual branding.

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

They've stood the test of time, but the world's getting faster. People are asking for more transparency. People want to make sure that the fragrances that they're using are safe. And also there's a lot of people who still don't even know how to get a fragrance made, right? And like, look, every company has visual branding.

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

They have a feeling that they're trying to create for the people that interact with the company, for the people that are in the company. But there is no modality. There's no sense that is more emotional and that has deeper ties and associations it can build than scent. So there's a lot of businesses out there that need to have a smell. And it's already happening, right?

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

They have a feeling that they're trying to create for the people that interact with the company, for the people that are in the company. But there is no modality. There's no sense that is more emotional and that has deeper ties and associations it can build than scent. So there's a lot of businesses out there that need to have a smell. And it's already happening, right?

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

Like the Ritz-Carlton has a scent.

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

Like the Ritz-Carlton has a scent.

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

Right, and you walk in, and what do you feel when you walk in?

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

Right, and you walk in, and what do you feel when you walk in?

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

Yeah, familiarity. It's elegant, right? It's like if you smell it anywhere else, you're going to think of exactly that hotel. And so I think one thing that we're realizing is there is an appetite to add scent to more layers of our economy, to more businesses, to more markets, to more products. it's just inaccessible.

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

Yeah, familiarity. It's elegant, right? It's like if you smell it anywhere else, you're going to think of exactly that hotel. And so I think one thing that we're realizing is there is an appetite to add scent to more layers of our economy, to more businesses, to more markets, to more products. it's just inaccessible.

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

And so what we're trying to do is bring more people to scent and create more scents for people. So that's what generation is all about is if you wanna make a scent and if you wanna do it quickly and if you wanna do it safely, like we're here. Like we figured out how to fuse AI with the human aspect to create really beautiful smells.

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

And so what we're trying to do is bring more people to scent and create more scents for people. So that's what generation is all about is if you wanna make a scent and if you wanna do it quickly and if you wanna do it safely, like we're here. Like we figured out how to fuse AI with the human aspect to create really beautiful smells.

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

This sounds like hyperbolic. It sounds extreme, but it's the first sense, right? So if you think of us as little microbes a billion years ago, We survive by eating things. And we got better at surviving by eating things by detecting if the thing we want to eat is nearby. That's what smell is.

Invest Like the Best with Patrick O'Shaughnessy
Alex Wiltschko - Giving Computers A Sense Of Smell - [Invest Like the Best, EP.415]

This sounds like hyperbolic. It sounds extreme, but it's the first sense, right? So if you think of us as little microbes a billion years ago, We survive by eating things. And we got better at surviving by eating things by detecting if the thing we want to eat is nearby. That's what smell is.