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Matt Kliemannmtkliema
Product
identify audio
100 uniquemonthly users
15 billion songidentifications
Financial
Valuation ~ $1 billionRevenue (2013) ~ €31 million How?Costs (2013) ~ €33 millionProfit (2013) ~ (€2 million)
HistoryInghelbrecht and Barton - visionariesAvery Wang - technical - Stanford PhD
Essence “Almost every company starts off as a feature or product.” - Chris Barton
Secret Sauce I - fingerprinting
Secret Sauce II - score & matching
What’s Hotreal time TV show identificationTV AdvertisingNvidia CUDASiri Integration
CompetitionGracenote - used by auto, musiXmatch, MTVSoundhound - allows “query by humming”Competitor characteristics:● both offer fingerprinting● slower ● less accurate with noise● smaller userbase● less advertising integration
Future Prediction - “Shazamed”More Advertising:
Image Recognition advertising-bad idea - Amazon Fire Phone
iBeacon advertising -good idea - large userbase useful
POSITIVE OUTLOOK