We are a search lab in the applied AI space. Rather than pursuing a single business idea, we continually run experiments to test a wide variety of solutions that could eventually be provided to customers.
We are lean by nature. Rather than devoting significant amounts of time and money to a single business idea, we are constantly running low cost experiments. The experimental results are collected by analyzing user feedback and engagement with the product. By using this approach, product-market fit is only a matter of time.
In order to reduce our burn rate, we cap each experiment at $200. Doing so ensures that we think critically about the true underlying questions behind how to verify a business hypothesis, rather than wasting time and money on an inefficient solution. The lower the cost of each experiment, the more experiments we can do.
Consumer feedback is a core principle in our business model. Therefore, we believe that it is our responsibility to work with consumers, to create powerful products and features. Moving forward, we plan to release a blog article at the end of each experiment, outlining lessons learned and our goals for the next iteration.
We are a group of forward-thinking optimists, who believe that it is important to work on the problems whose solutions will have a positive impact on humanity. We think that applied AI will be an invaluable tool throughout the development of this next-generation technology , and we started a company to prove it.
We believe that artificial intelligence, when used safely and ethically, is a valuable tool for developing innovative consumer applications. Current theoretical AI research is far ahead modern production applied AI implementations, which has created a gap in the market. Our goal is to search for a solution which can fill that gap.
Rather than devoting significant engineering effort to a single idea, we systematically launch and assess many business ideas until we find something promising. In reality, most startups are essentially search labs in a narrow space. We just take this to a whole new level, by solely identifying ourself as a search lab.