Luca - The YC Startup that Optimizes Your Retail Prices with AI and Machine Learning to Maximize Your Profits | Episode 10

How would you feel if a co-pilot could automatically optimize pricing for your retail business, maximizing profits while keeping customers happy?

In this episode of The Lobster Talks by Lobster Capital, Gabriel Jarrosson sits down with Tanvi Surti, the co-founder and CEO of Luca, a pricing AI engine transforming how retailers approach pricing and promotions. Tanvi shares her journey from working on AI at Microsoft and leading Uber's unprofitable UberPool team to founding Luca. She explains how Luca uses machine learning to help retailers of all sizes make data-driven pricing decisions, taking into account factors like costs, competition, customer demand, and business objectives. Tanvi also discusses the lessons she learned at Y Combinator, the power of the YC community, and her perspective on fundraising.

EPISODE IN A GLANCE

-Introducing Tanvi Surti: Co-founder and CEO of Luca

-Tanvi's Tech Background: From Microsoft to Uber Pool

-The Problem Luca Solves: Revolutionizing Retail Pricing

-Challenges and Opportunities in Retail Pricing

-Luca's Solution to Online and Offline Retail Pricing

-Machine Learning and Custom Models at Luca - The Power of AI

-AI in the Back Office - Transforming Enterprise Solutions through Machine Learning

-Y Combinator Experience and Fundraising Insights

-Future of Luca and Personal Reflections

ABOUT TANVI SURTI

Tanvi is the co-founder and CEO of Luca, a pricing engine for retailers. Prior to Luca, Tanvi worked as a Product Exec at Uber where she co-led the pricing team.

CONNECT WITH TANVI SURTI

Website → https://www.askluca.com/

LinkedIn → https://www.linkedin.com/company/lucasoftware/

LinkedIn → https://www.linkedin.com/in/tanvisurti/

GRAB THE BOOK TANVI RECOMMENDS → Man's Search for Meaning by Viktor E. Frankl - https://a.co/d/84BSBgK

ABOUT GABRIEL JARROSSON

Gabriel Jarrosson is a seasoned investor and entrepreneur with over a decade of experience in the startup space and the General Partner of Lobster Capital. He has invested over $25M in Y Combinator startups. Having sold three of his own startups, he shares his expertise in his books "My Investor Secrets" and "Investing in Startups: x100 or Nothing."

CONNECT WITH GABRIEL JARROSSON

YouTube → https://www.youtube.com/@lobstercapital

Website → https://www.lobstercap.com/

LinkedIn → https://www.linkedin.com/in/gabrieljarrosson/

Instagram → https://www.instagram.com/lobstercapital/

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