Happy Kagi subscriber here. Keep up the good work!
Kagi raises $670k
221–230 of 367 posts
Re: Kagi raises $670k
#222Advice for the Kagi team: create a way for new visitors to try your product before signing up.
I understand that it’s a paid service but you’re destroying conversion rate, and there’s no way there are enough countervailing benefits to gating your service behind sign up.
Re: Kagi raises $670k
#223Glad to know Kagi did not raise crazy amount of venture funding which often leads to company switching gears & pursuing unattainable long term goal.
I think Kagi is focused on a great niche with simple business model. Unsurprisingly this works out well in the long run.
Re: Kagi raises $670k
#224Earlier quoted context omitted.
Internet archive snapshot the whole page while google only index the first few kb of text data on every page (forgot the number, was it 100kb max per page?), so maybe it'll cost lower to build a search engine index compared to an internet preservation project? Assuming they'll need to index 820 billion pages (the number of pages preserved in the internet archive), at 100kb each, and assuming they use a database with…
A search engine doesn't index the HTML code. You're looking at a few Kb per document. You also don't need multiple historical snapshots of the document like WM retains. So you're looking at maybe 20 bn docs, 4 Kb each. 100 Tb, before compression.
You don't index HTML code, but you have to process HTML and eventually run Javascript to get the text content. Then you have to compute the word frequencies.And that means you have to use more compute power.
Re: Kagi raises $670k
#225Love their summarizer, it is my daily tool now. Was kinda surprised by $670k, looking at others who rising billions with 1000x worse products ...
Re: Kagi raises $670k
#226Earlier quoted context omitted.
What does Kramer have to do with it? https://www.reddit.com/r/seinfeld/comments/1mpeu5/the_kman/
The K-man knows all.
Re: Kagi raises $670k
#227Advice for the Kagi team: create a way for new visitors to try your product before signing up. I understand that it’s a paid service but you’re destroying conversion rate, and there’s no way there are enough countervailing benefits to gating your service behind sign up.
If you singup you will have the summarizer for free (request-time limited). Amazing tool.
Re: Kagi raises $670k
#228Advice for the Kagi team: create a way for new visitors to try your product before signing up. I understand that it’s a paid service but you’re destroying conversion rate, and there’s no way there are enough countervailing benefits to gating your service behind sign up.
They have the 100-search trial. I don't know how they could support account-less trials that without inviting abuse
Re: Kagi raises $670k
#229I find it interesting that Google is generating $6.70/user/month for their free search, while Kagi lowest paid tier is $5.00.
Google is generating more revenue per "free" user than Kagi lowest paid plan.
Goes to show just how much money there is in advertising.
https://www.statista.com/statistics/306570/google-annualized...
Re: Kagi raises $670k
#230Looks like they significantly missed their goal. From Kagi's investment round invitation email:
- SAFE note round with a valuation cap of $40MM (pre-money)
- 249 investors maximum
- We are looking to raise around $2MM from our users in this way ($5MM max)
- Minimum investment amount per investor is $5,000, and maximum is $500,000.
So the $670k they now raised are only about a third of what they were aiming for.