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.
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
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