Karim Atiyeh
speaker
955 appearances
1 recordings
1 series
first heard Oct 2025
last heard 21 Oct
Karim Atiyeh’s voice in public audio — every appearance, attributed to the second.
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Appearances
And Eric notices after a trip that the price that he had paid for a flight for his girlfriend at the time was very different than the price that someone else paid.
And he notices that there's a discrepancy in the way items are priced online.
And we were very lucky in a sense, because that was around the same time that data science was starting to become that function that is very key for really everyone, but online retailers in particular, were starting to employ data teams and dynamically pricing their items to try and maximize their revenue.
I was in consulting at a time, a little discontent as well.
I guess that's maybe the recurring theme is like, I kept feeling that we were
We were put on these projects, really smart, very ambitious people to do a lot of manual work that could be done a lot more efficiently with software.
And every time I would try to suggest that we write a little bit of software,
I would get maybe a nod and yeah, that makes sense.
But the incentives just weren't aligned because the consulting firms are pricing for a number of people spending time on projects.
So no one really had the incentive to minimize the time spent on projects and just maximize the value.
But even then, I find myself running quite a bit of software during my consulting days, which is probably why the first version of Paribus that we built was essentially me writing VBA macros in Excel to track prices.
So the very first version of Paribus was an Excel spreadsheet that had a set of SKUs that
and a job running in the background that would check the price of every single one of those items every day on Amazon.
And you could do this with VBA.
The programming language really doesn't matter.
You can open a web browser, get to the right page, and pull the price and do it in a loop.
And that was the first version of Paribus.
When we were trying to figure out, is there a business there?
Are prices changing quickly enough that there's enough money to be saved for...
customers that there's a business model there and clearly there was even in the first month that we were tracking prices we not only noticed that yes prices were changing but the rate at which those changes was happening in that one month in 2014 was increasing over the course of a month and that trend essentially never stopped
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