Podcast
Questions and Answers
What was the nagging feeling eating at Bradley Stewart, the CEO of XOJET?
What was the nagging feeling eating at Bradley Stewart, the CEO of XOJET?
- That the company was not focused on luxury travelers
- That the company was not making enough revenue (correct)
- That the company had not celebrated its 10-year anniversary
- That the company was not the largest private aviation company in the world
What had happened to XOJET's annual revenue from 2009 to 2015?
What had happened to XOJET's annual revenue from 2009 to 2015?
- It had decreased significantly
- It had risen from $100 million to $400 million (correct)
- It had fluctuated unpredictably
- It had remained the same
What was XOJET's focus in terms of their customers?
What was XOJET's focus in terms of their customers?
- Low-budget vacationers
- International cargo shipping
- Private jet enthusiasts
- High-volume business and luxury travelers (correct)
What did XOJET's president of fleet operations think they could use to add value to their business?
What did XOJET's president of fleet operations think they could use to add value to their business?
Who made an unusual investment in XOJET's controlling shareholder, TPG?
Who made an unusual investment in XOJET's controlling shareholder, TPG?
What was TPG known for prior to making the unusual investment in XOJET?
What was TPG known for prior to making the unusual investment in XOJET?
What was the initial success Noodle.ai found with XOJET?
What was the initial success Noodle.ai found with XOJET?
What insight did Noodle.ai gain about XOJET's market share?
What insight did Noodle.ai gain about XOJET's market share?
What was one of the challenges facing Joshi and Pratt as they got Noodle.ai off the ground?
What was one of the challenges facing Joshi and Pratt as they got Noodle.ai off the ground?
What model did IC use to save time and cost efficiently?
What model did IC use to save time and cost efficiently?
What type of business intelligence software did Joshi join after leaving Infosys?
What type of business intelligence software did Joshi join after leaving Infosys?
What did Pratt consider a powerful tool that could fundamentally change business?
What did Pratt consider a powerful tool that could fundamentally change business?
What kind of products did XOJET create after understanding its market share?
What kind of products did XOJET create after understanding its market share?
According to the text, what was one of the features of Raj Joshi that complemented Pratt's skills?
According to the text, what was one of the features of Raj Joshi that complemented Pratt's skills?
What did Pratt see AI as?
What did Pratt see AI as?
What led Pratt and Joshi to leave Infosys in early 2014?
What led Pratt and Joshi to leave Infosys in early 2014?
What was the need that TPG sensed in the marketplace?
What was the need that TPG sensed in the marketplace?
What project had Pratt worked on for the U.S. Coast Guard in the 1990s?
What project had Pratt worked on for the U.S. Coast Guard in the 1990s?
What did TPG executives feel was the space for business in relation to data sensemaking?
What did TPG executives feel was the space for business in relation to data sensemaking?
What did Pratt believe could fundamentally change business?
What did Pratt believe could fundamentally change business?
Why did Pratt join TPG as an executive in residence?
Why did Pratt join TPG as an executive in residence?
What was one of the key aspects of IC's strategy at Infosys?
What was one of the key aspects of IC's strategy at Infosys?
Why did Pratt leave his job at IBM running Watson implementations?
Why did Pratt leave his job at IBM running Watson implementations?
What made TPG decide to invest in Pratt's start-up?
What made TPG decide to invest in Pratt's start-up?
What was Raj Joshi's reason for getting on board with Pratt's start-up?
What was Raj Joshi's reason for getting on board with Pratt's start-up?
What was the need identified by Joshi's clients at MicroStrategy?
What was the need identified by Joshi's clients at MicroStrategy?
What was TPG's initial approach towards building an AI company?
What was TPG's initial approach towards building an AI company?
What did TPG feel like they were doing after not finding a company they were enthused about?
What did TPG feel like they were doing after not finding a company they were enthused about?
What did Pratt feel after spending nine months shopping for a company?
What did Pratt feel after spending nine months shopping for a company?
What drove the person mentioned in the text?
What drove the person mentioned in the text?
What was the aha moment for the person mentioned in the text?
What was the aha moment for the person mentioned in the text?
Why did TPG show interest, despite Pratt and Joshi not being AI experts?
Why did TPG show interest, despite Pratt and Joshi not being AI experts?
What helped de-risk the process of starting a company for Pratt and Joshi?
What helped de-risk the process of starting a company for Pratt and Joshi?
Where did Pratt and Joshi initially work on their new company?
Where did Pratt and Joshi initially work on their new company?
Who suggested the name 'Noodle' for the company?
Who suggested the name 'Noodle' for the company?
Why did Joshi initially have reservations about the name 'Noodle'?
Why did Joshi initially have reservations about the name 'Noodle'?
'Noodle Analytics Inc.' was registered because:
'Noodle Analytics Inc.' was registered because:
When was Noodle Analytics Inc. incorporated?
When was Noodle Analytics Inc. incorporated?
Why did Pratt and Joshi choose to launch Noodle Analytics Inc. on March 14, 2016?
Why did Pratt and Joshi choose to launch Noodle Analytics Inc. on March 14, 2016?
'AI had moved out of the realm of sci-fi movies' refers to:
'AI had moved out of the realm of sci-fi movies' refers to:
What did TPG allocate to seed the San Francisco-based AI start-up Noodle.ai?
What did TPG allocate to seed the San Francisco-based AI start-up Noodle.ai?
Who are the founders of Noodle.ai?
Who are the founders of Noodle.ai?
What perspective did Stephen Pratt have on AI?
What perspective did Stephen Pratt have on AI?
What did XOJET use for dynamic pricing before working with Noodle.ai?
What did XOJET use for dynamic pricing before working with Noodle.ai?
What was the main issue with dynamic pricing by humans, according to XOJET?
What was the main issue with dynamic pricing by humans, according to XOJET?
What kind of company did Pratt and Joshi believe Noodle.ai should be positioned as?
What kind of company did Pratt and Joshi believe Noodle.ai should be positioned as?
What did Noodle.ai acquire data sets from for their work with XOJET?
What did Noodle.ai acquire data sets from for their work with XOJET?
What did PwC predict about the global GDP in 2030 as a result of AI?
What did PwC predict about the global GDP in 2030 as a result of AI?
Why were many managers at medium-to-large companies feeling pressure to incorporate AI into their operations?
Why were many managers at medium-to-large companies feeling pressure to incorporate AI into their operations?
What did the MIT Sloan Management Review study find about executives' beliefs regarding AI?
What did the MIT Sloan Management Review study find about executives' beliefs regarding AI?
What percentage of companies had an AI strategy in place, according to the survey results?
What percentage of companies had an AI strategy in place, according to the survey results?
How did the Oxford Dictionary define AI?
How did the Oxford Dictionary define AI?
What was noted in a Gartner report about enterprises' struggle with AI?
What was noted in a Gartner report about enterprises' struggle with AI?
What was the potential of AI for businesses according to the text?
What was the potential of AI for businesses according to the text?
According to the text, what was the market capitalization comparison between Walmart and Amazon?
According to the text, what was the market capitalization comparison between Walmart and Amazon?
Why were investors rewarding companies with a strong AI focus according to the text?
Why were investors rewarding companies with a strong AI focus according to the text?
What sparked XOJET's interest in using data analytics and machine learning?
What sparked XOJET's interest in using data analytics and machine learning?
Why did TPG's investment in XOJET stand out as unusual?
Why did TPG's investment in XOJET stand out as unusual?
What did XOJET's president of fleet operations, Austin Schell, express as a potential value addition to their business?
What did XOJET's president of fleet operations, Austin Schell, express as a potential value addition to their business?
What was the focal point of XOJET's interest in adding value to their business?
What was the focal point of XOJET's interest in adding value to their business?
What was XOJET's focus in terms of their customers?
What was XOJET's focus in terms of their customers?
What led TPG to make an unusual investment in XOJET?
What led TPG to make an unusual investment in XOJET?
What did the pricing algorithm built by Noodle incorporate for XOJET’s revenue managers?
What did the pricing algorithm built by Noodle incorporate for XOJET’s revenue managers?
What insight did Noodle wrangled data give XOJET about its market share?
What insight did Noodle wrangled data give XOJET about its market share?
What led Pratt to think that learning algorithms could fundamentally change business?
What led Pratt to think that learning algorithms could fundamentally change business?
Why did Pratt and Joshi leave Infosys in early 2014?
Why did Pratt and Joshi leave Infosys in early 2014?
What was the strategy used by IC to save time and cost efficiently?
What was the strategy used by IC to save time and cost efficiently?
What did Joshi and Pratt initially consider doing together after leaving Infosys?
What did Joshi and Pratt initially consider doing together after leaving Infosys?
What was the focus of Noodle.ai's founders, Stephen Pratt and Raj Joshi, for AI in the enterprise?
What was the focus of Noodle.ai's founders, Stephen Pratt and Raj Joshi, for AI in the enterprise?
How did XOJET manage dynamic pricing before working with Noodle.ai?
How did XOJET manage dynamic pricing before working with Noodle.ai?
What did Noodle.ai's team acquire data sets from for their work with XOJET?
What did Noodle.ai's team acquire data sets from for their work with XOJET?
What did XOJET use for dynamic pricing before working with Noodle.ai?
What did XOJET use for dynamic pricing before working with Noodle.ai?
Who led the Noodle.ai team that worked side-by-side with XOJET?
Who led the Noodle.ai team that worked side-by-side with XOJET?
What did Stephen Pratt believe would fundamentally change business?
What did Stephen Pratt believe would fundamentally change business?
How did XOJET manage pricing levels historically?
How did XOJET manage pricing levels historically?
What were some of the factors acquired by Noodle.ai's team for dynamic pricing with XOJET?
What were some of the factors acquired by Noodle.ai's team for dynamic pricing with XOJET?
What was the real value in the business that XOJET and Noodle.ai identified?
What was the real value in the business that XOJET and Noodle.ai identified?
What kind of problems did Noodle.ai need to figure out what they could solve for what kind of clients?
What kind of problems did Noodle.ai need to figure out what they could solve for what kind of clients?
What was the initial problem that XOJET discussed with Noodle.ai while they were figuring out how they might work together?
What was the initial problem that XOJET discussed with Noodle.ai while they were figuring out how they might work together?
What did XOJET consider as a limitation of dynamic pricing by humans?
What did XOJET consider as a limitation of dynamic pricing by humans?
What was the driving force for Pratt and Joshi in starting a company?
What was the driving force for Pratt and Joshi in starting a company?
What made TPG interested in Pratt and Joshi's venture despite their lack of expertise in AI?
What made TPG interested in Pratt and Joshi's venture despite their lack of expertise in AI?
What did Raj Joshi realize about the demand for AI in TPG’s portfolio of companies?
What did Raj Joshi realize about the demand for AI in TPG’s portfolio of companies?
What was the initial challenge faced by Pratt and Joshi as they started Noodle Analytics Inc.?
What was the initial challenge faced by Pratt and Joshi as they started Noodle Analytics Inc.?
Why did Raj Joshi initially have reservations about the name 'Noodle' for the company?
Why did Raj Joshi initially have reservations about the name 'Noodle' for the company?
Why did Pratt and Joshi ultimately decide to go with the name 'Noodle' for their company?
Why did Pratt and Joshi ultimately decide to go with the name 'Noodle' for their company?
When was Noodle Analytics Inc. incorporated?
When was Noodle Analytics Inc. incorporated?
What event led to IBM’s supercomputer, Watson, gaining fame?
What event led to IBM’s supercomputer, Watson, gaining fame?
What does the quote 'IBM’s Watson Is Everywhere—But What Is It.' refer to?
What does the quote 'IBM’s Watson Is Everywhere—But What Is It.' refer to?
'AI had moved out of the realm of sci-fi movies' refers to:
'AI had moved out of the realm of sci-fi movies' refers to:
'Noodle Analytics Inc.' was registered because:
'Noodle Analytics Inc.' was registered because:
What led Pratt and Joshi to leave Infosys in early 2014?
What led Pratt and Joshi to leave Infosys in early 2014?
What did Pratt see artificial intelligence (AI) as?
What did Pratt see artificial intelligence (AI) as?
What did Nehal Raj, a partner at TPG, feel was the need in the marketplace?
What did Nehal Raj, a partner at TPG, feel was the need in the marketplace?
What was Raj Joshi's reason for getting on board with Pratt's start-up?
What was Raj Joshi's reason for getting on board with Pratt's start-up?
'We immediately agreed… it was probably going to get to scale more quickly if we went out and bought something together.' What does this statement imply?
'We immediately agreed… it was probably going to get to scale more quickly if we went out and bought something together.' What does this statement imply?
'That happens like once every thousand meetings.' What does this statement imply?
'That happens like once every thousand meetings.' What does this statement imply?
'At that point, I’d spent nine months shopping for a company.' What did Pratt feel after this experience?
'At that point, I’d spent nine months shopping for a company.' What did Pratt feel after this experience?
'And so then I called Raj [Joshi].' What was the purpose of Pratt calling Raj Joshi?
'And so then I called Raj [Joshi].' What was the purpose of Pratt calling Raj Joshi?
'And what we said was, 'Let’s go and find businesses that do this.' What did TPG plan to do?
'And what we said was, 'Let’s go and find businesses that do this.' What did TPG plan to do?
'That happens like once every thousand meetings.' What was Raj's reaction to meeting Pratt?
'That happens like once every thousand meetings.' What was Raj's reaction to meeting Pratt?
'I said, ‘This company needs to exist.’ What does this statement reveal about Pratt's attitude?
'I said, ‘This company needs to exist.’ What does this statement reveal about Pratt's attitude?
'There’s clearly demand for it if you use our portfolio as a proxy for bigger enterprises.' What does this statement suggest about TPG's perspective?
'There’s clearly demand for it if you use our portfolio as a proxy for bigger enterprises.' What does this statement suggest about TPG's perspective?
What did PwC predict about the global GDP in 2030 as a result of AI?
What did PwC predict about the global GDP in 2030 as a result of AI?
What did the Oxford Dictionary define AI as?
What did the Oxford Dictionary define AI as?
What did a Gartner report note about enterprises' struggle with AI?
What did a Gartner report note about enterprises' struggle with AI?
What percentage of companies had an AI strategy in place, according to the survey results?
What percentage of companies had an AI strategy in place, according to the survey results?
What did the MIT Sloan Management Review study find about executives' beliefs regarding AI?
What did the MIT Sloan Management Review study find about executives' beliefs regarding AI?
How did Walmart's market capitalization compare to Amazon's by mid-2018?
How did Walmart's market capitalization compare to Amazon's by mid-2018?
According to the text, what did AI have the potential to help businesses with?
According to the text, what did AI have the potential to help businesses with?
'AI is evolving rapidly, as is the understanding and definition of the term.' What did the quote refer to?
'AI is evolving rapidly, as is the understanding and definition of the term.' What did the quote refer to?
'Enterprises are struggling to identify where and how to generate business value with AI.' What was noted about this struggle?
'Enterprises are struggling to identify where and how to generate business value with AI.' What was noted about this struggle?
'AI is more than a novelty' refers to what aspect of AI?
'AI is more than a novelty' refers to what aspect of AI?
According to the text, what did the largest companies (those with 100,000 or more workers) do regarding AI strategy?
According to the text, what did the largest companies (those with 100,000 or more workers) do regarding AI strategy?
What did a study by MIT Sloan Management Review find about executives' beliefs regarding AI's impact on their companies?
What did a study by MIT Sloan Management Review find about executives' beliefs regarding AI's impact on their companies?
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