TAKING THE RISK - Choosing Entrepreneurship Over Millions With Davit Baghdasaryan, CEO of Krisp, Part 1

In this episode, Eric is joined by Davit Baghdasaryan, Co-Founder & CEO of Krisp - a software tool that maximizes the productivity and impact of every conversation by eliminating noise distractions,increasing the fidelity of voice communication, and transcribing and synthesizing the most relevant details and analytics from every voice interaction. 

Davit’s background is in engineering. If you asked Davit if he plans to become an entrepreneur a year prior to founding Krisp, he would have said - no way. But when he took the plunge, it didn’t take long for him to fall in love with it and unlock his hidden calling. 

Startup life is much more catered to those who have a growth mindset. Every year in a startup is a career in an enterprise when you look at how much intellectual velocity is needed to succeed and how quickly things change. Often those who leave enterprises to found startups have a hard time adjusting to the new paradigm, and on top of that you’re more than likely to leave a lot of money on the table. Davit left Twilio to start Krisp right at the time when Twilio was growing at a rapid pace, so he had to temporarily say goodbye to a lucrative role - but it worked out for the best.

The problem in the market that Davit saw came from his role at Twilio. He was traveling to his home country of Armenia and taking virtual meetings outside. The problem is that there’s a ton of noise that disrupts the natural flow of virtual meetings. They gathered a team of scientists and took a machine learning approach to create their first prototype. 2 years in they had a production ready piece of technology and they shipped it.

Check out the full episode to hear the journey of Krisp!

HIGHLIGHTS:
00:00 Davit’s Journey To Entrepreneurship 
04:15 Is It Worth It To Take The Risk?
09:38 The Problem In The Market
13:39 Early Pains Building Krisp
17:35 What VC’s Want To See

Connect with Davit - https://www.linkedin.com/in/davitb/

Check out Krisp - https://krisp.ai

Don't forget to subscribe to the Chaos to Clarity Podcast for more invaluable episodes to help you grow your business and stay ahead of the curve!To reach out to Eric, visit FullCycleProduct.com

Don't forget to subscribe to the Chaos to Clarity Podcast for more invaluable episodes to help you grow your business and stay ahead of the curve!To reach out to Eric, visit https://chaostoclarity.io/