Suggestions
Ivan Caballero
Understand how society changes. At scale, in real-time - Ethics & AI
Ivan Caballero is a purpose-driven individual with a passion for service, problem-solving, and leveraging exponential technology for transformation at scale.
He specializes in creating, growing, and optimizing business portfolios that have a positive impact on society by delivering key outcomes, nurturing exceptional teams, and embracing continuous learning.
With a proven track record, Ivan excels in scaling up software businesses from the ground up, prioritizing customer satisfaction and team development, and executing grand ideas within specified constraints.
An adept leader, Ivan has the ability to align, lead, and expand world-class teams ranging from 10 to 100 members, emphasizing teamwork and collective success, while communicating effectively in both technical and executive realms.
He is dedicated to self-improvement, constantly learning, maintaining composure during challenges, and focusing on making high-quality decisions.
Passionate about connecting with others, Ivan welcomes discussions on emerging technologies, software product creation, and personal development, showcasing his versatility as a Yoga/Meditation instructor.
Driven by challenges and innovation, Ivan continually seeks new moonshot opportunities with the ultimate goal of advancing a more inclusive and empowered society through impactful initiatives.
Currently, Ivan Caballero holds the position of Founder & CEO at Citibeats, where he leads the mission of understanding and addressing issues that matter to people.
Connect with Ivan to explore insights on technology, business strategy, and personal growth, reflecting his commitment to driving positive change and fostering progress within communities.
Highlights
I'm shutting down my startup, Citibeats. 8 years after I founded it as a leading social understanding tool leveraging ethical AI.
Here are 4 lessons and reflections: ↓ 1- We din't have product-market fit __Developing an advanced AI-driven platform is incredibly costly. __Limited buying intent from key target sectors due to limited internal capabilities. __Decision-makers often lack the authority to drive internal changes. 2- Creating a new category is hard __Organizations prefer known low value solutions that off-the-shelf SaaS. __Educating the market about a new category requires significant time and resources. __Buyers can't compare and feel the risk is higher. 3- Challenges in the AI Industry __AI solutions require significant data and computational power, raising costs. __Building trust in AI systems remains a barrier due to ethical and transparency concerns. __The rapid pace of AI advancements makes it difficult to stay ahead without substantial investment. __Data cost increasing. Thanks Elon Musk 4- Lack of Investment in Spain __There is a noticeable gap in venture capital funding for AI startups in Spain compared to other regions. __Local investors often show more interest in traditional industries over cutting-edge technology. __Government support for AI innovation, while improving, still lags behind other countries. __Due to this, I've spent too much time as a founder to manage investment despite business growth
Why I'm Stopping This __I didn't choose good travel companions. __Without big investments, the industry will go over us.
Things I Would Have Done Differently __Never kill existing business for a promise of investment. __Adapt the product with additional consulting to learn and educate industry.
My Most Critical Learnings __Don't build something people need, but something they want. __Better be the second best than the first (Edit: Better be challenger than pioneer). __Use funding momentum and don't let it go away.
Richard Branson said, "The brave may not live forever, but the cautious do not live at all." I try to live by this every day.
On one hand, it's tough to shut down something I've poured my heart into. On the other hand, I feel a sense of relief and gratitude. The journey with Citibeats has been an incredible learning experience. The lessons I've gained, the skills I've developed, and the insights I've gathered are invaluable.
Thank you to my talented and tenacious teammates, the first clients who saw the future with us, and to our investors who supported me. My mentors has also been an invaluable guide through this journey.
If you are working on an exciting project and believe my experience could be of value, please feel free to reach out. I'm open to exploring new opportunities worldwide.
Albert Alfredo Andrey Angel Santiago Miriam Carmen Harry Cristian Marc Jaume Joaquim Marc Daniel Marcos Flavia Tetsuro Irene Francesc Juan Sergio Rodolfo Christian Mar Eloisa Marta Tim
I am pretty sure some of you will get this while enjoying some well-deserved quality time with your family or friends...
In this #newsletter that has the smell of the trees combed by the wind from the mountains near where I live and the sound of the sea waves that caress our shores, I talk about change.
Almost two months passed from the World Economic Forum Annual Meeting and once again at #Citibeats we are about to start a new chapter. The #Davos experience made me realize that Citibeats is not just a company. It is an idea. And this idea, now more than ever, especially in this world, is absolutely necessary.
I am delighted to announce that we have started our Series A fundraising to pave the way for our mission:
-Open-source data science - Becoming the worldwide referent in processing people’s narratives thanks to a diverse, inclusive, and scalable approach.
-Data source - Developing a proprietary, unique data source.
-Democratizing our insights scaling our platform - An easily scalable and agile SaaS platform collecting millions of data on a daily basis.
Oh, and you’ll get the usual monthly dose of articles about (but not only) #AI and a brief summary of all the events we attended. Enjoy and don’t forget to put on sunscreen!
Subscribe to my Newsletter https://lnkd.in/gc5rg7dg
