· FashionTech startup presize helps online shops solve their multi-billion EUR return problem, by recommending users a perfect fit based on a smartphone video of their body. The patent-pending approach to extract body measurements and recommend sizes combines the latest breakthroughs in Computer Vision and Deep Learning.
· The 6-figure pre-seed round was led by Plug and Play, a Silicon Valley-based VC and early investor in Google, Paypal, Dropbox and N26. Business Angels with C-level experience in the software and fashion space are co-investing.
· The company was founded in 2019 by three CDTM alumni from three different countries, each with previous founding and industry experience and a strong track record in academia (TUM, Stanford, Cambridge, UCSD). …
Last week, I asked my LinkedIn community which digital tools they love. I got so many great comments that I decided to create a list out of this.
Most of my followers are working in growth, innovation or tech which means there is a bias towards automation tools, marketing tools and prototyping tools. Feel free to comment, if anything is missing.
All of the tools are either free or at least have a free trial. Have fun discovering tools that could save you hours every day.
1.Slack — team communication (WhatsApp for businesses)
2. Trello — digital Kanban board to manage…
This appears not to be a nerdy niche topic anymore. I received many questions on my current research project, so I thought I would just summarize the talk I prepared for the Human-Centered Machine Learning Meetup yesterday.
“But the algorithm I build has 99% classification accuracy! Everyone will trust in it!?”
Obviously, no. You can have the perfect algorithm and still 0% user adoption. Users’ trust is the single factor that determines if AI-based products will gain traction. The questions we should ask are: How can we build trust in AI? What is the root of distrust?
After attending universities in both countries, Germany (LMU & TU Munich) and the US (Stanford), I observed tremendous differences that I would like to share with you. Each system has its flaws and strengths and they could take a leaf out of each other’s book. Furthermore, there are several points that German/American students take for granted, which I think they should not — considering international comparison.
As everyone knows, you have to pay around 60.000$ per academic year (or 100.000$ in case of the MBA) in the US if you study at an Elite University such as Stanford, Harvard or MIT. This means that a lot of students graduate with a debt of around 200.000$ just for tuition fees, not including rent and living expenses. …
I would like to share a story with you that happened in 2011 when I was 17 and had a quite significant effect on me.
Today you hardly find any event in real life that has no digital adequate — an event on facebook. There are even events that exist on facebook but were not really a thing before that, e.g. “international sweatpants day” or “listening to old drake songs and cry”.
Back in 2011, it was different. I was fascinated that bit by bit everyone noticed the immense marketing potential of creating a facebook event. It started with events for private parties, some of them accidently marked as public and ending up on the news with hundreds of attendees instead of ten. …