Neeva was positioning itself as private search, that was high quality and was going to deliver “answers”. They looked oh so cool and useful until ChatGPT erupted on the scene and got 10billion in funding. Then Bing began to offer many of the features of Neeva minus the privacy. Now Snowflake has a team of smart kids with AI skills, and it makes total sense to accelerate their product roadmaps this way. Tough for the Neeva crew, they got caught in an innovation tidalwave.
Now Snowflake has a team of smart kids with AI skills.
Or they have a bunch of people that wanted to work at a startup, now with golden handcuffs who have to keep going through the motions until their stock grants vest.
Similar USP now, but I thought Kagi built up to it the right way by building just a few features on search engine APIs and repeatedly asking people what they would actually pay for. They also appeared not to overstaff in anticipation of future revenue.
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Neeva was positioning itself as private search, that was high quality and was going to deliver “answers”. They looked oh so cool and useful until ChatGPT erupted on the scene and got 10billion in funding. Then Bing began to offer many of the features of Neeva minus the privacy. Now Snowflake has a team of smart kids with AI skills, and it makes total sense to accelerate their product roadmaps this way. Tough for the Neeva crew, they got caught in an innovation tidalwave.
Or they have a bunch of people that wanted to work at a startup, now with golden handcuffs who have to keep going through the motions until their stock grants vest.
This guy gets it.. haha
These are not necessarily good excuses for their failure. Kagi has the same USP and they are doing fine presumably (I have no relation to either)
Maybe they mismanaged their money and/or time or failed to deliver on the tech maybe.
Similar USP now, but I thought Kagi built up to it the right way by building just a few features on search engine APIs and repeatedly asking people what they would actually pay for. They also appeared not to overstaff in anticipation of future revenue.