Nah, it's not. It has real potential. Stuff like GPT and Midjourney have proven to be very useful thus, they have an actual paid user base. This decade will be driven by AI. My company has already started paying for these services and integrate in our work flows.
May I know what exactly are they integrating into their work flows and which company are they paying this to ? I am extremely interested in the AI space and doing market research hence the question.
- Writesonic: For marketing and content writing teams.
- Github copilot: For developers.
- ChatGPT: Ready to pay but haven't paid yet. We are figuring out multiple ways in which we can use it's API. One of them has been bots on discord for community engagement.
Even investors know it's a bubble. They just want to play Russian roulette
Say what you may. But you’re wrong on this startup. They have a ton of potential.
The screenshot that you’re showing is from rewind.ai, a startup that can make all of your knowledge searchable in a second.
Their metrics are impeccable. 98% month over month retention for paying user base. For a consumer products, this number is top 1%ile
Their LTV is $475 and their CAC is $3. Their CAC will get worse as they go for paid acquisition. But such a business is bound to grow.
AI is just icing on the cake. Don’t overlook a startup because it leverages a trend that you’re not on top of.