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Tobias "Tobi" Konitzer

๐Ÿ‘ค Speaker
430 total appearances

Appearances Over Time

Podcast Appearances

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

We're one step further along our continuum, and I think we've done a good job both laying the foundations in terms of content, but also now cadence of how we speak about it in the market and how we're heard by the buyer.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

First of all, Noah, I made plenty of mistakes and continue to make plenty of mistakes.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

And I'm not even sure.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

I used to think that the only thing that you can do is learn from mistakes.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

But I think, unfortunately, our capability to learn as humans is quite low.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

So I'm not even sure.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

I'm not even sure if that's... Still, that's too ambitious of a statement for me even.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

But that's just the intro.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

I've made plenty of mistakes.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

I think what I really learned the hard way...

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

is that using machine learning to build predictive models does not do anything.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

It does not win anybody over.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

It does not change outcomes.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

And I think ultimately marketers will pick up on that.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

So example being here, my second venture was a company that used machine learning to predict customer lifetime value.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

It used much more data, better algorithms, a framework that we called Pi Until You Die, which is a little bit of an inside joke because the modeling framework up to this point was called Pi Until You Die and we brought it to PyTorch.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

Anyways, imagine you had a magic wand and you could predict the revenue future of every customer.

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

Cool, right?

Code Story: Insights from Startup Tech Leaders
S12 Bonus: Tobias "Tobi" Konitzer, Growthloop

And the company grew because we could predict the accuracy of these predictions or we could show, we could prove the accuracy of these predictions.