Welcome to another great episode of Startup Junkies!
On this episode, hosts Victoria Dickerson, Jeff Amerine, and Grace Gill sit down with Stamatis Astra, co-founder and head of product at Intelligent Relations, a PR firm that leverages artificial intelligence to build broader and smarter relationships. Additionally, Stamatis is a venture partner who invests in strategic startups with applications that enrich people’s lives. He also co-hosts Grecian Echoes, a talk show in Boston, that offers an in-depth analysis of current news and events laced with provocative commentary to its one hundred fifty thousand Greek-American audience members. Throughout this episode, Stamatis discusses his experience as a lifetime entrepreneur, finding excitement in the beginnings of new ventures, and making public relations accessible for businesses of every size.
(0:49) Introduction to Stamatis
(1:20) Stamatis’s Background
(3:57) About Intelligent Relations
(10:59) How Artificial Intelligence Benefits Companies
(13:52) Different Startup Models
(18:18) Chasing New Ventures
(21:47) Raising Venture Capital
(25:34) Overcoming Challenges
(29:34) Advice to Younger Self
(30:39) Closing Question
“Our technology is a combination of media monitoring databases and artificial intelligence. It allows us to, depending on the company, find the relevant stories, find the relevant journalists that cover the stories, and create relationships with them…bottom line is, we allow any business to connect with journalists and get press.” - Stamatis Astra, (5:34)
“There’s very different levels of startups. There’s a startup that is simply a Powerpoint or a deck and there’s two or three people and that’s it. And there’s a startup with a seed round and twenty-five to fifty people that pay salaries.” - Stamatis Astra, (14:14)
“That’s what we do. We train the model, we get the data. The more data we get, and the more speeches and ideas the customer puts in, the more robust the model gets in order to do all the matching and creating the content.” - Stamatis Astra, (27:38)