My background is rooted in mechanical engineering, however, after completing my MBA at London Business School, I was recruited to work for a number of successful venture capital firms and worked closely with groups in the media sector
AITech Interview with Vinayak Shrivastav, Co-founder & CEO, Magnifi by VideoVerse
1. Can you give us a brief of your career before Magnifi by VideoVerse?
My background is rooted in mechanical engineering, however, after completing my MBA at London Business School, I was recruited to work for a number of successful venture capital firms and worked closely with groups in the media sector. I assisted numerous companies, including start-ups that went on to achieve great success. I experienced first-hand how slow innovation and adoption of new-age technologies was in the media sector, which prompted me to step-out and work with other like-minded and talented individuals that recognized the potential for AI and ML-led transformation in this sector.
2. How was the initial phase of setting up Magnifi by VideoVerse? What does a regular day at work look like now?
In our initial phase we were focussed on firstly understanding the problem we were trying to solve for and secondly ensuring the tech build was aligned to that. We really wanted to deep dive into the workings of the media sector and understand how things were being done. This involved activating our network and speaking to people in the industry. As we were bootstrapped, we had to ensure every penny was being put to work. The next challenge was building the right team of AI engineers, data scientists, product managers and GTM strategists. I think we have been really fortunate with people as we have retained most of the original team and each of them feels a tremendous sense of pride and ownership in what they have created with Magnifi.
