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Radar Hits $1B Unicorn Status | Fast Five Shorts · Omni Talk Retail

• 0:00
  Radar,
• 0:00
  a
• 0:00
  retail
• 0:01
  inventory
• 0:01
  intelligence
• 0:02
  startup
• 0:03
  backed
• 0:03
  by
• 0:03
  American
• 0:03
  Eagle
• 0:04
  CEO
• 0:04
  Jay
• 0:05
  Schottenstein,
• 0:06
  has
• 0:06
  reached
• 0:07
  unicorn
• 0:07
  status
• 0:08
  after
• 0:08
  raising
• 0:08
  $170
• 0:09
  million
• 0:10
  in
• 0:10
  a
• 0:11
  series
• 0:11
  B
• 0:11
  funding
• 0:12
  round
• 0:12
  at
• 0:12
  a
• 0:13
  valuation
• 0:13
  of
• 0:13
  over
• 0:14
  $1
• 0:14
  billion,
• 0:15
  according
• 0:16
  to
• 0:16
  CNBC.
• 0:17
  Radar
• 0:17
  was
• 0:18
  founded
• 0:18
  in
• 0:18
  2013
• 0:19
  by
• 0:19
  Spencer
• 0:19
  Hewitt,
• 0:20
  a
• 0:20
  former
• 0:20
  Peter
• 0:21
  Thiel
• 0:22
  Fellowship
• 0:23
  recipient
• 0:24
  who
• 0:24
  originally
• 0:24
  set
• 0:25
  out
• 0:25
  to
• 0:25
  build
• 0:25
  a
• 0:25
  better
• 0:26
  instant
• 0:26
  checkout
• 0:26
  solution
• 0:27
  before
• 0:27
  pivoting
• 0:28
  to
• 0:28
  inventory
• 0:28
  management.
• 0:29
  Radar's
• 0:30
  platform
• 0:30
  uses
• 0:31
  ceiling
• 0:31
  mounted
• 0:32
  hardware
• 0:32
  to
• 0:32
  read
• 0:33
  RFID
• 0:33
  tags
• 0:34
  across
• 0:34
  store
• 0:34
  interiors,
• 0:35
  achieving
• 0:36
  what
• 0:36
  the
• 0:36
  company
• 0:36
  claims
• 0:37
  is
• 0:37
  a
• 0:37
  99%
• 0:38
  item
• 0:39
  level
• 0:39
  accuracy
• 0:40
  rate.
• 0:41
  The
• 0:41
  data
• 0:41
  flows
• 0:42
  into
• 0:42
  a
• 0:42
  software
• 0:42
  layer
• 0:43
  that
• 0:43
  converts
• 0:43
  real
• 0:44
  time
• 0:44
  location
• 0:44
  signals
• 0:45
  into
• 0:45
  operational
• 0:46
  actions.
• 0:47
  Think
• 0:47
  automated
• 0:47
  replenishment
• 0:48
  alerts,
• 0:48
  omnichannel
• 0:49
  fulfillment
• 0:50
  routing,
• 0:51
  loss
• 0:51
  prevention
• 0:51
  triggers,
• 0:52
  and
• 0:52
  merchandising
• 0:53
  intelligence.
• 0:54
  American
• 0:54
  Eagle
• 0:55
  was
• 0:55
  the
• 0:55
  first
• 0:55
  retailer
• 0:56
  to
• 0:56
  deploy
• 0:56
  the
• 0:57
  technology
• 0:57
  fleet
• 0:58
  wide,
• 0:58
  and
• 0:58
  Radar
• 0:59
  is
• 0:59
  now
• 0:59
  deployed
• 1:00
  across
• 1:00
  more
• 1:00
  than
• 1:00
  1,400
• 1:02
  stores,
• 1:02
  including
• 1:03
  old
• 1:03
  Navy
• 1:04
  locations.
• 1:05
  Chris,
• 1:06
  Starbucks
• 1:07
  just
• 1:07
  killed
• 1:07
  an
• 1:07
  AI
• 1:08
  inventory
• 1:08
  tool
• 1:08
  that
• 1:09
  didn't
• 1:09
  work.
• 1:09
  But
• 1:09
  Radar
• 1:10
  has
• 1:10
  just
• 1:11
  hit
• 1:11
  a
• 1:11
  one
• 1:11
  billion
• 1:12
  dollar
• 1:12
  valuation
• 1:13
  on
• 1:13
  the
• 1:14
  promise
• 1:14
  of
• 1:14
  doing
• 1:14
  inventory
• 1:15
  right.
• 1:15
  What
• 1:16
  does
• 1:16
  this
• 1:16
  company
• 1:16
  getting
• 1:17
  to
• 1:17
  unicorn
• 1:18
  status
• 1:18
  tell
• 1:18
  you
• 1:18
  about
• 1:19
  where
• 1:19
  the
• 1:19
  smart
• 1:20
  money
• 1:20
  thinks
• 1:20
  the
• 1:21
  real
• 1:21
  opportunity
• 1:21
  in
• 1:22
  physical
• 1:22
  retail
• 1:23
  AI
• 1:23
  actually
• 1:24
  is?
• 1:25
  Wow,
• 1:26
  that,
• 1:26
  that,
• 1:27
  that's
• 1:27
  a
• 1:27
  great
• 1:27
  question.
• 1:28
  And
• 1:29
  you
• 1:29
  know,
• 1:29
  I
• 1:29
  got
• 1:30
  first,
• 1:30
  I
• 1:30
  gotta
• 1:30
  give
• 1:30
  major
• 1:31
  kudos
• 1:31
  to
• 1:31
  Radar
• 1:31
  for
• 1:32
  this
• 1:32
  announcement
• 1:32
  and
• 1:33
  I
• 1:33
  am
• 1:33
  eating
• 1:34
  some
• 1:34
  serious
• 1:35
  crow
• 1:35
  on
• 1:35
  this
• 1:36
  announcement.
• 1:36
  I
• 1:36
  have
• 1:36
  followed,
• 1:37
  I
• 1:37
  followed
• 1:37
  RFID
• 1:38
  technology,
• 1:38
  particularly
• 1:38
  in
• 1:39
  apparel,
• 1:39
  since
• 1:39
  my
• 1:39
  store
• 1:39
  of
• 1:40
  the
• 1:40
  future
• 1:40
  days.
• 1:41
  And
• 1:41
  I
• 1:41
  said
• 1:41
  on
• 1:42
  this
• 1:42
  podcast,
• 1:42
  when
• 1:43
  they
• 1:43
  made
• 1:43
  the
• 1:44
  Old
• 1:44
  Navy
• 1:44
  announcement,
• 1:44
  I
• 1:45
  said
• 1:45
  I
• 1:45
  was
• 1:45
  highly
• 1:46
  skeptical.
• 1:46
  We
• 1:46
  had
• 1:47
  Spencer
• 1:47
  Hewitt,
• 1:47
  the
• 1:47
  CEO,
• 1:48
  on
• 1:48
  and
• 1:48
  we
• 1:49
  basically
• 1:49
  made
• 1:49
  a
• 1:49
  bet.
• 1:49
  I
• 1:49
  was
• 1:50
  like,
• 1:50
  I
• 1:50
  told
• 1:50
  him
• 1:50
  to
• 1:50
  his
• 1:50
  face,
• 1:51
  I
• 1:51
  don't
• 1:51
  think
• 1:51
  we'll
• 1:51
  ever
• 1:51
  see
• 1:51
  you
• 1:52
  roll
• 1:52
  out
• 1:52
  to
• 1:52
  all
• 1:52
  Old
• 1:52
  Navy
• 1:53
  stores.
• 1:53
  And
• 1:53
  he's
• 1:53
  like,
• 1:53
  I'll
• 1:53
  bet
• 1:53
  you
• 1:54
  a
• 1:54
  beer.
• 1:55
  And
• 1:55
  to
• 1:55
  that
• 1:56
  point,
• 1:56
  I'm
• 1:56
  eating
• 1:56
  some
• 1:57
  serious
• 1:57
  crow.
• 1:57
  And
• 1:58
  for
• 1:58
  all
• 1:58
  you
• 1:58
  listeners,
• 1:59
  because
• 1:59
  of
• 2:00
  that,
• 2:00
  I've
• 2:00
  invited
• 2:01
  Spencer
• 2:01
  to
• 2:02
  join
• 2:02
  us
• 2:02
  next
• 2:02
  week
• 2:03
  for
• 2:03
  five
• 2:03
  insightful
• 2:04
  minutes
• 2:04
  and
• 2:04
  he's
• 2:04
  going
• 2:04
  to
• 2:04
  appropriately
• 2:06
  put
• 2:06
  me
• 2:06
  in
• 2:06
  my
• 2:07
  place.
• 2:07
  And
• 2:07
  I
• 2:07
  think
• 2:07
  it's
• 2:07
  very
• 2:08
  well
• 2:08
  deserved.
• 2:08
  So
• 2:08
  kudos
• 2:09
  to
• 2:09
  him.
• 2:10
  But
• 2:10
  I
• 2:10
  think
• 2:11
  what
• 2:11
  we're
• 2:11
  getting
• 2:11
  at
• 2:12
  here,
• 2:12
  Laura,
• 2:12
  is
• 2:12
  what
• 2:12
  I
• 2:13
  alluded
• 2:13
  to
• 2:13
  in
• 2:13
  the
• 2:13
  first
• 2:13
  headline,
• 2:14
  Retailers
• 2:15
  demand
• 2:15
  accuracy.
• 2:16
  And
• 2:16
  in
• 2:16
  the
• 2:16
  apparel
• 2:17
  setting,
• 2:18
  RFID
• 2:19
  we
• 2:19
  know
• 2:20
  can
• 2:20
  work.
• 2:21
  It
• 2:22
  can
• 2:22
  work.
• 2:22
  But
• 2:23
  it
• 2:23
  is
• 2:23
  about
• 2:23
  finding
• 2:24
  the
• 2:24
  right
• 2:24
  system
• 2:25
  for
• 2:25
  your
• 2:25
  operation
• 2:26
  that
• 2:26
  delivers
• 2:26
  on
• 2:26
  two
• 2:27
  things,
• 2:27
  consistent
• 2:28
  accuracy
• 2:28
  and
• 2:29
  also
• 2:29
  informative
• 2:30
  actions
• 2:31
  to
• 2:31
  take
• 2:31
  off
• 2:31
  of
• 2:32
  the
• 2:32
  data,
• 2:32
  which
• 2:32
  it
• 2:32
  sounds
• 2:33
  like
• 2:33
  Radar
• 2:33
  is
• 2:34
  moving
• 2:34
  in
• 2:34
  that
• 2:34
  direction.
• 2:35
  So
• 2:35
  to
• 2:35
  me,
• 2:36
  the
• 2:36
  key
• 2:36
  point
• 2:37
  here
• 2:37
  is
• 2:37
  the
• 2:37
  money
• 2:38
  flow.
• 2:38
  The
• 2:39
  money
• 2:39
  flow,
• 2:39
  the
• 2:39
  size
• 2:40
  of
• 2:40
  the
• 2:40
  investment
• 2:41
  is
• 2:41
  validation
• 2:41
  that
• 2:42
  RFID
• 2:42
  has
• 2:43
  finally,
• 2:43
  finally
• 2:44
  crossed
• 2:44
  the
• 2:44
  chasm
• 2:45
  of
• 2:45
  acceptance
• 2:46
  for
• 2:46
  the
• 2:47
  retailers
• 2:47
  that
• 2:48
  understand
• 2:48
  where
• 2:48
  the
• 2:48
  future
• 2:49
  is
• 2:49
  headed.
• 2:49
  But
• 2:49
  what
• 2:49
  do
• 2:49
  you
• 2:50
  think?
• 2:51
  Yeah,
• 2:51
  I
• 2:51
  mean,
• 2:51
  this
• 2:52
  is
• 2:52
  kind
• 2:52
  of
• 2:52
  the.
• 2:53
  I
• 2:53
  agree
• 2:53
  with
• 2:53
  you.
• 2:54
  This
• 2:54
  is
• 2:54
  the
• 2:54
  other
• 2:54
  side
• 2:55
  of
• 2:55
  the
• 2:55
  coin
• 2:55
  from
• 2:55
  the
• 2:56
  Starbucks
• 2:56
  example
• 2:57
  where
• 2:58
  it
• 2:58
  shows
• 2:59
  how
• 2:59
  important
• 3:00
  categories
• 3:01
  and
• 3:02
  the
• 3:02
  match
• 3:02
  of
• 3:02
  a
• 3:03
  category
• 3:03
  and
• 3:03
  a
• 3:03
  solution
• 3:04
  is
• 3:05
  to
• 3:05
  it
• 3:05
  actually
• 3:06
  working.
• 3:07
  You
• 3:07
  know,
• 3:07
  from
• 3:08
  my
• 3:08
  discussions
• 3:09
  with
• 3:09
  people
• 3:09
  in
• 3:10
  this
• 3:10
  space,
• 3:10
  even
• 3:11
  health
• 3:11
  and
• 3:11
  beauty
• 3:11
  is
• 3:12
  tough
• 3:12
  because
• 3:12
  you'd
• 3:12
  think
• 3:13
  it's
• 3:13
  square.
• 3:14
  You
• 3:14
  know,
• 3:14
  they're
• 3:14
  often
• 3:15
  boxes.
• 3:15
  But
• 3:16
  RFID
• 3:17
  needs
• 3:17
  to
• 3:17
  be
• 3:18
  attached
• 3:18
  further
• 3:19
  back
• 3:19
  in
• 3:19
  the
• 3:20
  manufacturing
• 3:20
  process
• 3:21
  and
• 3:21
  that
• 3:21
  doesn't
• 3:21
  happen
• 3:22
  in
• 3:22
  health
• 3:22
  and
• 3:22
  beauty.
• 3:22
  And
• 3:23
  so
• 3:23
  there's
• 3:24
  a
• 3:24
  lot
• 3:24
  of
• 3:24
  complexity
• 3:25
  that
• 3:25
  that
• 3:26
  is
• 3:26
  sounds.
• 3:27
  Makes
• 3:27
  it
• 3:27
  a
• 3:27
  lot
• 3:28
  more
• 3:28
  interesting
• 3:29
  than
• 3:29
  you
• 3:29
  would
• 3:30
  think.
• 3:30
  Just,
• 3:30
  you
• 3:30
  know,
• 3:30
  sort
• 3:31
  of
• 3:31
  slapping
• 3:31
  a
• 3:31
  tag
• 3:31
  on
• 3:32
  something.
• 3:33
  You
• 3:33
  know,
• 3:33
  obviously
• 3:33
  the
• 3:33
  vertical
• 3:34
  nature
• 3:34
  of
• 3:35
  these
• 3:35
  particular
• 3:36
  retailers
• 3:37
  also
• 3:37
  matters
• 3:37
  a
• 3:37
  lot.
• 3:38
  You
• 3:39
  know,
• 3:39
  know,
• 3:39
  it's
• 3:39
  still
• 3:39
  fairly
• 3:40
  remarkable
• 3:40
  given
• 3:40
  the
• 3:40
  number
• 3:41
  of
• 3:41
  SKUs
• 3:41
  that
• 3:41
  go
• 3:41
  through
• 3:42
  an
• 3:42
  Old
• 3:42
  Navy
• 3:42
  store.
• 3:43
  American
• 3:43
  Eagle
• 3:44
  too,
• 3:44
  but
• 3:45
  Old
• 3:45
  Navy
• 3:45
  especially.
• 3:47
  But
• 3:47
  you
• 3:48
  know,
• 3:48
  I
• 3:48
  think
• 3:48
  like
• 3:48
  you
• 3:48
  said,
• 3:49
  it
• 3:49
  always
• 3:50
  just
• 3:50
  raises
• 3:50
  to
• 3:50
  me,
• 3:51
  so
• 3:51
  where
• 3:51
  is
• 3:51
  this
• 3:51
  going
• 3:51
  next?
• 3:52
  You
• 3:52
  know,
• 3:52
  so
• 3:52
  we've
• 3:52
  crossed
• 3:53
  the
• 3:53
  chasm.
• 3:54
  Clearly
• 3:55
  the
• 3:55
  cost
• 3:55
  has
• 3:55
  come
• 3:55
  down.
• 3:56
  We're
• 3:56
  getting
• 3:57
  better
• 3:57
  at
• 3:57
  manufacturing
• 3:58
  products
• 3:58
  and
• 3:59
  putting
• 3:59
  chips
• 3:59
  in
• 4:00
  them,
• 4:00
  you
• 4:00
  know,
• 4:00
  where
• 4:00
  they
• 4:00
  can
• 4:01
  go
• 4:01
  and
• 4:01
  tags.
• 4:03
  But
• 4:03
  it's
• 4:04
  still
• 4:04
  a
• 4:04
  very
• 4:04
  complex
• 4:05
  ecosystem
• 4:06
  of,
• 4:06
  of
• 4:07
  parts
• 4:07
  and
• 4:07
  technology.
• 4:08
  You
• 4:08
  know,
• 4:08
  you
• 4:08
  have
• 4:09
  old
• 4:09
  guard
• 4:10
  like
• 4:10
  Avery
• 4:11
  Dennison
• 4:11
  making
• 4:11
  rfid.
• 4:12
  You
• 4:12
  have
• 4:13
  like
• 4:13
  zebra
• 4:14
  that
• 4:14
  makes
• 4:14
  the
• 4:14
  tech
• 4:14
  to
• 4:14
  read
• 4:15
  them.
• 4:15
  You
• 4:16
  have
• 4:16
  companies
• 4:16
  like
• 4:16
  Radar
• 4:17
  that
• 4:17
  are
• 4:17
  trying
• 4:17
  to
• 4:18
  do
• 4:18
  all
• 4:18
  the
• 4:19
  parts
• 4:19
  of
• 4:19
  it.
• 4:20
  And
• 4:20
  so,
• 4:21
  you
• 4:21
  know,
• 4:21
  as
• 4:21
  a
• 4:22
  retailer
• 4:22
  or
• 4:22
  brand,
• 4:23
  you
• 4:24
  how
• 4:24
  do
• 4:24
  you
• 4:24
  know
• 4:25
  who
• 4:25
  you
• 4:25
  know
• 4:26
  that
• 4:26
  who
• 4:26
  you
• 4:26
  align
• 4:27
  with
• 4:27
  or
• 4:27
  who
• 4:27
  you
• 4:27
  connect
• 4:27
  with
• 4:28
  will
• 4:28
  actually
• 4:28
  be
• 4:28
  able
• 4:28
  to
• 4:29
  change
• 4:29
  as
• 4:29
  the
• 4:29
  technology
• 4:30
  evolves?
• 4:30
  And
• 4:31
  I
• 4:31
  think
• 4:31
  that's
• 4:31
  the
• 4:31
  big
• 4:31
  question
• 4:33
  if
• 4:33
  you're
• 4:33
  looking
• 4:33
  at
• 4:34
  it
• 4:34
  from
• 4:34
  that
• 4:34
  side.
• 4:34
  But
• 4:35
  you
• 4:35
  know,
• 4:36
  having
• 4:37
  having
• 4:37
  Old
• 4:37
  Navy
• 4:38
  and
• 4:38
  American
• 4:38
  Eagle
• 4:38
  under
• 4:38
  their
• 4:39
  belt
• 4:39
  I
• 4:39
  think
• 4:39
  is
• 4:39
  a
• 4:39
  really
• 4:40
  good
• 4:40
  sign
• 4:41
  for
• 4:41
  their
• 4:41
  solution.
• 4:42
  And
• 4:43
  you
• 4:43
  know,
• 4:43
  it's
• 4:44
  going
• 4:44
  to
• 4:44
  get
• 4:44
  way
• 4:44
  more
• 4:44
  complex.
• 4:45
  You
• 4:45
  know,
• 4:45
  Walmart's
• 4:45
  still
• 4:46
  working
• 4:46
  on
• 4:46
  it
• 4:46
  with
• 4:46
  Avery
• 4:47
  and
• 4:47
  Fresh.
• 4:48
  We're
• 4:48
  trying
• 4:48
  to
• 4:49
  get
• 4:49
  into
• 4:49
  more
• 4:49
  categories.
• 4:50
  I
• 4:50
  think
• 4:50
  there's
• 4:51
  still
• 4:51
  some
• 4:51
  FDA
• 4:52
  requirements
• 4:52
  around
• 4:52
  it
• 4:54
  coming
• 4:54
  up
• 4:54
  in
• 4:54
  a
• 4:55
  few
• 4:55
  years,
• 4:55
  so
• 4:56
  it's
• 4:56
  definitely
• 4:57
  going
• 4:57
  to
• 4:57
  be
• 4:57
  a
• 4:57
  space
• 4:57
  to
• 4:57
  keep
• 4:58
  an
• 4:58
  eye
• 4:58
  on.
• 4:59
  Yeah,
• 5:00
  right.
• 5:00
  Yeah,
• 5:00
  you
• 5:00
  bring
• 5:01
  up
• 5:01
  a
• 5:01
  lot
• 5:01
  of
• 5:01
  great
• 5:01
  points.
• 5:01
  Like
• 5:01
  that's
• 5:02
  your,
• 5:02
  your
• 5:02
  point
• 5:02
  about
• 5:03
  what's
• 5:03
  the
• 5:03
  vertical
• 5:03
  and
• 5:04
  what's
• 5:04
  the
• 5:04
  right
• 5:04
  solution
• 5:04
  is
• 5:05
  really
• 5:05
  key.
• 5:05
  Like
• 5:05
  we
• 5:05
  just
• 5:05
  talked
• 5:06
  about
• 5:06
  with
• 5:06
  Starbucks,
• 5:06
  you're
• 5:07
  alluding
• 5:07
  to
• 5:07
  it
• 5:07
  with
• 5:07
  grocery.
• 5:08
  That's
• 5:08
  why
• 5:08
  I
• 5:08
  like
• 5:08
  robotics
• 5:09
  in
• 5:09
  grocery,
• 5:09
  because
• 5:10
  it's
• 5:10
  a
• 5:10
  different.
• 5:11
  It's
• 5:11
  a
• 5:11
  different
• 5:12
  element
• 5:12
  to
• 5:13
  how
• 5:13
  that
• 5:14
  that
• 5:14
  store
• 5:15
  assortment
• 5:15
  works.
• 5:15
  Whereas
• 5:16
  robotics
• 5:16
  in
• 5:16
  an
• 5:17
  apparel
• 5:17
  store
• 5:17
  is
• 5:17
  tougher
• 5:18
  because,
• 5:18
  like,
• 5:18
  how
• 5:18
  does
• 5:18
  the
• 5:19
  robot
• 5:19
  tell
• 5:19
  between,
• 5:20
  you
• 5:20
  know,
• 5:20
  a
• 5:20
  medium
• 5:21
  and
• 5:21
  a
• 5:21
  small?
• 5:21
  It's
• 5:22
  really
• 5:22
  tough.
• 5:22
  Right.
• 5:23
  But
• 5:23
  RFID
• 5:24
  enables
• 5:24
  that.
• 5:25
  Whereas
• 5:25
  you
• 5:25
  have
• 5:25
  the
• 5:25
  hangups
• 5:26
  with
• 5:26
  RFID,
• 5:26
  like
• 5:27
  liquids,
• 5:27
  metals,
• 5:27
  all
• 5:28
  those
• 5:28
  things,
• 5:28
  which
• 5:28
  they're
• 5:28
  solved
• 5:29
  for
• 5:29
  day
• 5:29
  and
• 5:29
  day.
• 5:29
  If
• 5:30
  I
• 5:30
  talk
• 5:30
  to
• 5:30
  the
• 5:30
  RF
• 5:30
  ID
• 5:31
  folks,
• 5:31
  they
• 5:31
  always.
• 5:31
  They
• 5:32
  always
• 5:32
  correct
• 5:32
  me
• 5:32
  on
• 5:32
  that
• 5:32
  whenever
• 5:33
  I
• 5:33
  say
• 5:33
  that.
• 5:33
  And
• 5:33
  I'm
• 5:33
  like,
• 5:33
  yeah,
• 5:33
  it's
• 5:34
  getting
• 5:34
  better,
• 5:34
  but
• 5:35
  it's
• 5:35
  still
• 5:35
  not
• 5:35
  potentially
• 5:36
  where
• 5:36
  it
• 5:36
  needs
• 5:36
  to
• 5:36
  be
• 5:37
  from
• 5:37
  a
• 5:37
  mass
• 5:37
  rollout
• 5:37
  standpoint.
• 5:38
  So
• 5:38
  the
• 5:38
  other
• 5:39
  point
• 5:39
  I
• 5:39
  make,
• 5:39
  just
• 5:39
  as
• 5:39
  closing,
• 5:40
  because
• 5:40
  I
• 5:40
  want
• 5:40
  to
• 5:40
  give
• 5:41
  Spencer
• 5:41
  his
• 5:41
  props,
• 5:42
  dude's
• 5:43
  been
• 5:43
  at
• 5:43
  this
• 5:43
  for
• 5:44
  like
• 5:44
  10
• 5:44
  years.
• 5:44
  And
• 5:45
  he
• 5:45
  started
• 5:45
  out.
• 5:46
  He
• 5:46
  started
• 5:46
  out
• 5:46
  as
• 5:47
  like
• 5:47
  computer
• 5:47
  vision
• 5:48
  checkout
• 5:48
  free.
• 5:48
  That's
• 5:49
  how
• 5:49
  he
• 5:49
  was
• 5:49
  going
• 5:49
  to
• 5:50
  do
• 5:50
  this
• 5:50
  for
• 5:50
  the
• 5:50
  apparel
• 5:51
  space.
• 5:51
  And
• 5:51
  he
• 5:52
  smartly
• 5:52
  has
• 5:52
  pivoted
• 5:53
  because
• 5:53
  he's
• 5:53
  like,
• 5:53
  you
• 5:53
  know
• 5:54
  what?
• 5:54
  My
• 5:54
  technology
• 5:54
  is
• 5:55
  still
• 5:55
  great
• 5:55
  for
• 5:56
  providing
• 5:56
  the
• 5:56
  use
• 5:57
  case
• 5:57
  that
• 5:57
  retailers
• 5:57
  need,
• 5:58
  which
• 5:58
  is
• 5:58
  again,
• 5:58
  accuracy
• 5:59
  and
• 5:59
  insights
• 5:59
  off
• 6:00
  the
• 6:00
  data.
• 6:00
  And
• 6:00
  so
• 6:01
  that's
• 6:01
  what's
• 6:01
  really
• 6:02
  fascinating.
• 6:02
  And
• 6:02
  the
• 6:02
  last
• 6:02
  question
• 6:03
  I'm
• 6:03
  going
• 6:03
  to
• 6:03
  ask
• 6:03
  him,
• 6:04
  so
• 6:04
  he
• 6:04
  needs
• 6:04
  to
• 6:04
  get
• 6:04
  ready
• 6:05
  for
• 6:05
  it,
• 6:05
  if
• 6:05
  he's
• 6:05
  listening,
• 6:05
  is
• 6:06
  where's
• 6:06
  he.
• 6:06
  Where
• 6:06
  are
• 6:06
  you
• 6:07
  going
• 6:07
  next?
• 6:07
  Like,
• 6:07
  what
• 6:08
  are
• 6:08
  you
• 6:08
  doing
• 6:08
  with
• 6:08
  that
• 6:08
  money?
• 6:09
  How
• 6:09
  are
• 6:09
  you
• 6:09
  scaling
• 6:10
  what's
• 6:10
  over
• 6:10
  the
• 6:11
  hill
• 6:11
  for
• 6:11
  you?
• 6:11
  So
• 6:12
  I
• 6:12
  can't
• 6:12
  wait
• 6:12
  to
• 6:12
  talk
• 6:12
  to
• 6:12
  him
• 6:13
  about
• 6:13
  it.
• 6:13
  Yeah,
• 6:14
  that's
• 6:14
  great.
• 6:14
  That's
• 6:15
  a
• 6:15
  very
• 6:15
  timely,
• 6:16
  timely
• 6:16
  get.
• 6:16
  I'm
• 6:16
  glad
• 6:17
  he's
• 6:17
  coming
• 6:17
  back.
• 6:17
  And
• 6:18
  hopefully
• 6:19
  you'll.
• 6:19
  You'll
• 6:19
  get
• 6:20
  him
• 6:20
  that
• 6:20
  beer
• 6:20
  virtually
• 6:21
  or.
• 6:21
  Yeah,
• 6:22
  yeah,
• 6:22
  no,
• 6:22
  yeah.
• 6:23
  Next
• 6:23
  time
• 6:24
  we're
• 6:24
  in
• 6:24
  real
• 6:24
  life
• 6:24
  together,
• 6:25
  I'm
• 6:25
  definitely
• 6:25
  getting
• 6:25
  that
• 6:25
  beer.
• 6:26
  And
• 6:26
  not
• 6:26
  surprising,
• 6:27
  I
• 6:27
  heard
• 6:27
  from
• 6:27
  them
• 6:28
  as
• 6:28
  soon
• 6:28
  as
• 6:28
  that
• 6:28
  announcement
• 6:29
  broke
• 6:29
  too,
• 6:29
  which
• 6:30
  was
• 6:30
  great.