Kaushik Narasimhan is a prominent figure in the field of artificial intelligence (AI) and talent acquisition. He co-founded Take2 AI, an innovative startup that focuses on reshaping the way companies recruit talent through AI-powered simulations. With a background rooted in Stanford University’s Graduate School of Business, Narasimhan's work aims to address key challenges in recruiting, particularly in high-volume sales roles. The upcoming discussion will uncover fascinating insights into Narasimhan’s career, his company, and the innovative methodologies they’ve pioneered.
Kaushik Narasimhan, alongside Yaniv Shimoni, co-founded Take2 AI in 2021. With both founders having met at Stanford Graduate School of Business, they combined their expertise to create a platform that goes beyond traditional hiring practices. Their shared vision is to transform recruitment through technology, as outlined in their collaborative research at Stanford focusing on skills-based hiring and its practical applications.
Take2 AI stands out for its unique use of generative AI to simulate real-world job scenarios. This technology helps vet applicants on skills, behavioral attributes, and cultural fit, offering employers high-quality data to inform their hiring decisions. The platform is particularly impactful in sales recruitment, a sector where poor hiring decisions often lead to high turnover rates.
Sales roles, which make up around 14% of U.S. jobs, suffer from one of the highest attrition rates. Take2 AI addresses this by providing immersive job simulations that allow better assessment of candidates' actual capabilities and fit for the role. This approach has proven effective, significantly reducing the attrition rate in companies that use the platform.
In April 2024, Take2 AI raised $3M in a seed funding round led by Reach Capital and SemperVirens, among others. This capital injection is designed to expand the company's reach and enhance its platform's capabilities. The funding underscores investor confidence in Take2 AI’s potential to reshape recruiting practices.
The use of generative AI at Take2 AI is a game-changer, offering detailed insights that traditional resumes and interviews cannot provide. By simulating tailor-made scenarios, candidates are assessed more accurately, leading to better hiring decisions and increasing employee retention.
A significant success story from a solar energy company using Take2 AI highlights the platform's impact. By reducing sales representative attrition from 58% to 15% within four months, the company not only enhanced team stability but also cut hiring time by eliminating unnecessary interview rounds.
Narasimhan’s academic background in skills-based hiring underpins Take2 AI’s operational philosophy. At its core, the platform endeavors to minimize biases associated with traditional recruitment, offering a fairer, more inclusive path for candidates to showcase their true potential.
To address concerns about AI bias and user adoption, Take2 AI works closely with an advisory board of HR leaders from corporations like Visa, Disney, and Google. This collaboration ensures the platform remains equitable and effective, further enhancing its appeal to potential clients.
While Take2 AI initially targets sales roles, its potential applications span various industries including healthcare, retail, and hospitality. Its ability to streamline hiring processes and reduce attrition rates makes it a versatile tool in different employment sectors.
Looking forward, Narasimhan aims to expand Take2 AI's capabilities into a comprehensive sales talent management solution. This vision includes supporting sales leaders not only in recruitment but also in the training and coaching of their teams, maximizing their readiness for customer engagements.
Kaushik Narasimhan’s contributions to modernizing recruitment through AI technology are both innovative and pivotal. His work with Take2 AI sheds light on the profound impact of generative AI in transforming traditional hiring processes. As organizations continue to adopt more advanced technologies in their hiring practices, Narasimhan and Take2 AI are well-positioned to lead these changes, suggesting a promising future for technology-enhanced recruiting.