Get Unstuck & On Target

Get Unstuck & On Target


Episode 144: Unlocking AI’s Potential for Data-Driven Real Estate

October 18, 2023

In today’s episode, Mike talks with Shobit Gupta, co-founder and CEO of MapZot, a company that uses generative AI to recommend optimal real estate locations for retailers.


Shobit explains how MapZot has built specialized AI models for different brands that can analyze thousands of data points to identify new sites with up to 90% confidence. He shares key lessons on controlled growth, gathering user feedback, and building a collaborative team culture.


Listeners will learn how generative AI works, how MapZot helps retailers expand, and how taking risks and surrounding yourself with great people are keys to entrepreneurial success.


Shobit Gupta’s Bio

Shobit Gupta is the co-founder and CEO of MapZot, a generative AI company that helps retailers and brands optimize their real estate site selection. He has over a decade of experience spanning real estate, finance, and technology. Shobit holds an MBA in Real Estate Finance and Analytics. Prior to founding MapZot, he worked at an international hedge fund and one of the world’s largest big data companies.


Driven by his passion to combine AI, data, and real estate, Shobit founded MapZot in 2017 to bring transparency and leverage data to help companies confidently expand and grow. Under his leadership, MapZot has built specialized AI models that can evaluate thousands of data points to recommend optimal new locations with up to 90% accuracy.


In This Episode…
  • Generative AI can analyze thousands of data points to recommend optimal new locations for retailers
  • MapZot has built specialized AI models for major brands to support their expansion decisions
  • Controlled growth has allowed MapZot to carefully nurture its AI models over 5+ years
  • Feedback loops with users continuously improve the AI and explanation of its recommendations
  • Taking calculated risks, trusting your abilities, and surrounding yourself with great people are keys to success
Links & Resources Mentioned…