Loku
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Dan Street is the CEO of Loku, a company that analyzes large amounts of data to learn about local tastes and recommendations. Loku has analyzed 180 million mentions of local places and can process 100,000 local web pages per minute. Their techniques using big data, machine learning, and geotagging are successful, with metrics like low customer acquisition costs, high repeat usage, and long customer lifetime value. Street provided an overview of Loku's technology and funding history and invited the audience to contact him if interested in a beta trial of Loku's services.
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Loku
- 1. NEWS NEWS Dan Street, CEO NEWS NEWS DEMO DAY 2011 | DAN STREET dan@loku.com @liveloku
- 3. MY LIFE THINK “ UP IN THE AIR”
- 4. MY LIFE THINK “ UP IN THE AIR” JUST LESS HANDSOME AND WITH A LOT MORE SPREADSHEETS. 4
- 5. ON THE ROAD, I TRIED TO SEE PLACES THROUGH THE EYES OF LOCALS AVOID THE TOURIST TRAPS...
- 6. ...FIND THE REAL SCENE. I WANTED TO LIVE LIKE A LOCAL.
- 7. 7
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- 18. Big Data Hadoop / Clojure / Cascalog + custom geo extensions HOW DO LSI Stanford NLP WE DO IT? + custom tagging OUR TECH: BIG DATA FOR LOCAL Geohashing Custom system for learning We’ve analyzed 180M local mentions, local taste (using semantic and process 100K local pages / min vectors)
- 19. $3 CAC | $98 LTV 74% weekly return rate 4.5 min. time on site AND IT’S WORKING 62% email open rate
- 20. DAN STREET CEO KKR OPS GROUP, PRIMEDIA, BAIN, DELL 6’6” from North Carolina - bad at basketball, good at Access, Excel, and data mining ROGER CASTILLO CTO CTO / FOUNDER, ALTERPOINT. RAISED $50M IN VC. Since 1996, avid runner, devoted husband, and builder of Big Data / analytics systems WE ARE RAJ RAMANAN PRESIDENT DATA KKR OPS GROUP, DISNEY, BEAR STEARNS, MCKINSEY JUNKIES Hobbies include creating models to define “best car”, “best stock”, and “best diet”
- 21. 2008 $350K 2010 from founder NOV $600K 2010 in convertible debt AUG $400K 2011 in convertible debt WHAT NOW? FALL $1.5M 2011 Series A
- 22. want a beta invite? come talk to me
- 23. dan@loku.com @liveloku 23
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- 1) 4-6 hours of search to find info for a given day\n2) For a lost dog, or garage sale, posters are still the dominant method!\n3) Schools, neighborhood associations, performing arts, and others yet to be conceived.\n4) Best current method is handouts and flyers\n
- 1) 4-6 hours of search to find info for a given day\n2) For a lost dog, or garage sale, posters are still the dominant method!\n3) Schools, neighborhood associations, performing arts, and others yet to be conceived.\n4) Best current method is handouts and flyers\n
- 1) 4-6 hours of search to find info for a given day\n2) For a lost dog, or garage sale, posters are still the dominant method!\n3) Schools, neighborhood associations, performing arts, and others yet to be conceived.\n4) Best current method is handouts and flyers\n
- 1) 4-6 hours of search to find info for a given day\n2) For a lost dog, or garage sale, posters are still the dominant method!\n3) Schools, neighborhood associations, performing arts, and others yet to be conceived.\n4) Best current method is handouts and flyers\n
- 1) 4-6 hours of search to find info for a given day\n2) For a lost dog, or garage sale, posters are still the dominant method!\n3) Schools, neighborhood associations, performing arts, and others yet to be conceived.\n4) Best current method is handouts and flyers\n
- 1) 4-6 hours of search to find info for a given day\n2) For a lost dog, or garage sale, posters are still the dominant method!\n3) Schools, neighborhood associations, performing arts, and others yet to be conceived.\n4) Best current method is handouts and flyers\n
- 1) 4-6 hours of search to find info for a given day\n2) For a lost dog, or garage sale, posters are still the dominant method!\n3) Schools, neighborhood associations, performing arts, and others yet to be conceived.\n4) Best current method is handouts and flyers\n
- 1) 4-6 hours of search to find info for a given day\n2) For a lost dog, or garage sale, posters are still the dominant method!\n3) Schools, neighborhood associations, performing arts, and others yet to be conceived.\n4) Best current method is handouts and flyers\n
- 1) 4-6 hours of search to find info for a given day\n2) For a lost dog, or garage sale, posters are still the dominant method!\n3) Schools, neighborhood associations, performing arts, and others yet to be conceived.\n4) Best current method is handouts and flyers\n
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