Interview with Konstantin Othmer, founder and CEO of Speechpad
I had the pleasure of interviewing Konstantin Othmer, founder and CEO of Speechpad and talk about his company. I love what he is doing and if you notice at the bottom of my interviews, his company is responsible for all of my transcriptions. They can take any video or audio file and transcribe it for you with a high degree of accuracy, formatting at a very reasonable price. This is a tremendous service for anyone who works in marketing or media and has the occasion to record interviews or video, but it is also used by anyone who records meetings of any sort.
The Interview
Stats
HQ:
Los Altos, CA
Capital raised:
Self Funded with investment of $1 million from founders
Next key hire:
Sales/biz dev lead, Marketing lead, more engineering!
Interesting interviewee fact:
2008 Indian Autorickshaw racing champion, Crashed hang glider (twice), Crashed paraglider (once), Avid kitesurfer and snow boarder
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Scott: Hi, this is Scott Olson with FounderBuzz, and I am here with Konstantin Othmer from SpeechPad today.Thanks for being with us.
Konstantin: Hey, thanks for having me.You know, frankly, an interview like this was probably the greatest compliment we can have, having a customer actually want to interview one of their service providers.So, really excited to be talking to you today, Scott.
Scott: Well, it's my pleasure.I love featuring products and companies that I use, and I think you guys provide a great service.So, why don't you kind of start off by telling us a little bit about yourself and about SpeechPad.
Konstantin: So, SpeechPad was started about two years ago, sort of at the intersection of a couple of big trends.As you know, iPhones and Androids have made it so that mobile microphones and cameras are sort of readily available, which is creating a lot of audio and video content from many different sources.The challenge is making that content valuable.You want to make it so you can search it, so you can archive it, and that kind of thing.That's where we come in.We try to find a low cost, high quality, fast turnaround time to take your audio and convert it into text that you can put on your website, you can make it searchable, or whatever you have.
Scott: Yeah.So do you see more audio files, or do you see more video that you're transcribing?What seems to be the trend?Is it kind of a nice mix of the both of them?
Konstantin: Yeah.It's a mix.I mean, some of the, just kind of the businesses we work in that are historical like insurance, we do quite a few transcripts for the insurance industry.Some of those, they still come in on tape.
Scott: Right.
Konstantin: So, that's all the way up to there is some very modern next generation stuff like the work we do for you that comes in on video.But I would say that most of it is audio files, just straight up from a microphone, even from the kind of portable digital recorders that some people still carry.It's a broad range.We don't want to discriminate.If you can get the audio onto our website, we try to make that as easy as possible, and we will give you a high quality transcription.
Scott: Yeah.What is kind of, like a site like FounderBuzz, I mean, our business is interviews and media and other things along those lines where it is very obvious the benefit of a nice, of a good and quick turnaround on transcript.But I saw from your website that Citrix is one of your customers and there are other enterprise businesses where it is not their core business.What are they primarily using it for reaching their audience with new and engaging content?
Konstantin: Yeah.It varies quite a bit.In the case of Citrix, we transcribe some of their marketing material.So, they'll record an executive giving a presentation and then they'll repurpose that into various marketing materials that might be the slicks you pick up at a trade show, for example.
Scott: Right.
Konstantin: We have other customers that actually will record an entire trade show.We just recently did one together with Amazon, and then after the show they get whole transcripts that then become searchable.So, if someone is searching on the content that might have been in a keynote, much easier to find that, or certainly for the first time possible to find that, rather than it just being buried in an audio file.
Scott: Absolutely.Well, thank you very much for taking the time today.I appreciate it.We'll continue working together over hopefully a long time.
Konstantin: Thank you so much for having us.Really great to have you as a customer and hope we can keep you happy.
Scott: Great.Thanks a lot.
Konstantin: All right.
Mike
Konstantin Othmer of Speechpad makes transcriptions a breeze http://t.co/XxVe8Ap via @founderbuzz
http://www.evengrounds.com/services/disability-awareness-training Disability Awareness Training
If your audio quality is excellent, you can use the software for audio transcription. If your audio files quality is OK or verbatim audio transcription better to go for manual audio transcription
FounderBuzz is the work of Scott Olson, President of MindLink Marketing. MindLink Marketing specializes in working with startups to provide strategic and web marketing services. Stop by the MindLink site for some great tips on marketing strategy, great marketing content, leads management and more – www.mindlinkmarketing.com