UDSKRIFT 🔗
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Joel, I'm so glad you came to The PE Podcast. In the world of private equity, why don't you tell us a little bit about who you are and what you do in the world of PE?
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Right, so I'm CEO of a company called xpertloop.ai. And what we do is focus on solving a huge problem in the PE world of CEO turnover and retention. And how do we make those CEOs successful? 50 to 70% of CEOs get replaced during a typical investment period for private equity. And that costs money. That it delays turnover the time you have to hold the investment, delays our returns on investment. And I've spent the last 20 years curating what I think is the best system in the world for being CEO at scale. And we train people on that through a set of classes. We have AI that can sit right next to the CEO. And just like you had me sitting next to you with my 30 years of CEO experience and answer that question at 2 a.m. in the morning that you're struggling with, it can give you my perspective. It can give you the perspective of the great thinkers like Deming and Drucker on business, and really provide a unique capability that hasn't existed until very recently in the world.