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Kagi raises $670k

blog.kagi.com

261–270 of 367 posts

Re: Kagi raises $670k

#262
post #155

Earlier quoted context omitted.

It's relevant because they aren't just VC bros or Saudis. It's just 670k. I'm not sure why you're so worked up about it or why you think Kagi shouldn't get additional funding.

I think a good transparent business is funded by users and/or is publicly traded. This stuff makes me cautious.

Publicly traded means that your primary customers are Blackrock and Vanguard, the whole concept of individual investors is just investment firms fooling people into thinking they have some influence over a company.

Re: Kagi raises $670k

#263

I know a lot of people here thought Kagi wasn't worth it, but I'm an early adopter who has been a happy customer for some time now. Search is really important to me, and it isn't just about looking up businesses or Wikipedia pages. I read lots of academic papers and just want it to be easy to separate the wheat from the chaffe. Kagi makes that really easy with its lenses. Sure, Brave search has something similar, but…

I forgot I signed up for a free Kagi account a while back and reading some of these comments has reminded me to start using it. I don't need it to offer a huge leap in quality as long as it's actually good and doesn't degrade in quality.

G search is right out for me because I avoid any G products whenever possible. Also it's quite bad these days. So I primarily use DuckDuckGo, except it's honestly not that good either. And I'm very suspicious of how much money they have for advertising with a free, privacy-focused product. It just doesn't feel sustainable. I could be wrong! Maybe their non-personalized ads are more sustainable than Kagi's subscription model. But the search kind of sucks. Actually, sometimes I do end up using `!g` to improve my results (rather: to actually get relevant results), and it feels bad.

So I'm going to switch over to Kagi and see if that can deliver the results I want/need. If so, I'll happily pay. I might even pay $25/mo... it's a lot for a subscription, but it's not a lot when compared to my monthly income, so if it makes me job easier it will feel like a fair trade.

Re: Kagi raises $670k

#265
post #230

Looks 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.

Their revenue in September was $318k/yr, what is it today? Let’s say it’s $600k? $1M? $40M is a really high valuation for that revenue, I’d not have invested either. It’s not 2021 anymore.

$40M is the valuation cap, not the valuation.

When you raise money with an SAFE, you are postponing the negotiation about how much your company is worth. It could easily convert at well under $40M depending on how well they are doing when they next raise.

Re: Kagi raises $670k

#267

Can someone help me a little? I tried Kagi and when my 100 searches ran out I stopped using it. I really didn't like the feeling that I needed to meter my searches, it added a barrier to every search I did (should I use Kagi for this or should I just use Google?). It sounds stupid but literally every search I did I had a pang of worry that I was "wasting" a search. I also didn't experience a huge increase in search q…

There is no problem, except in your imagination. Each additional search costs a couple of cents, why would you worry about such a small amount? When you're driving a car you're using cents of fuel every minute, do you worry about that when you're driving, counting the cents?

You've literally managed to find the most insignificant thing to worry about in existence.

But if quality is not impressive to you there's no reason to use the service.

Re: Kagi raises $670k

#268

Can someone help me a little? I tried Kagi and when my 100 searches ran out I stopped using it. I really didn't like the feeling that I needed to meter my searches, it added a barrier to every search I did (should I use Kagi for this or should I just use Google?). It sounds stupid but literally every search I did I had a pang of worry that I was "wasting" a search. I also didn't experience a huge increase in search q…

There is no problem, except in your imagination. Each additional search costs a couple of cents, why would you worry about such a small amount? When you're driving a car you're using cents of fuel every minute, do you worry about that when you're driving, counting the cents? You've literally managed to find the most insignificant thing to worry about in existence. But if quality is not impressive to you there's no re…

> You've literally managed to find the most insignificant thing to worry about in existence.

* in your opinion, in your circumstances, for your usage patterns.

Re: Kagi raises $670k

#269

Can someone help me a little? I tried Kagi and when my 100 searches ran out I stopped using it. I really didn't like the feeling that I needed to meter my searches, it added a barrier to every search I did (should I use Kagi for this or should I just use Google?). It sounds stupid but literally every search I did I had a pang of worry that I was "wasting" a search. I also didn't experience a huge increase in search q…

There is no problem, except in your imagination. Each additional search costs a couple of cents, why would you worry about such a small amount? When you're driving a car you're using cents of fuel every minute, do you worry about that when you're driving, counting the cents? You've literally managed to find the most insignificant thing to worry about in existence. But if quality is not impressive to you there's no re…

Wow, not really sure where the hostility is coming from. I'm literally asking for suggestion/motivations/reasons to pay because I feel like it is something I want but I need help getting over the hump of paying for search. I also outlined that I didn't experience an increase in quality and posited that I might be using it wrong or not taking full advantage.

> You've literally managed to find the most insignificant thing to worry about in existence.

It's clearly not "insignificant" since others here have voiced the same concern or annoyance. I think we have enough research/studies to show that metering/limiting has an effect on how people use something even if the overage fee is low.

I used the trial and I wasn't sold on it, I was asking for people to tell me how they get value out of it, you're doing literally the opposite and being a jerk about it. If anything your comment makes me want to just forget about Kagi.

Re: Kagi raises $670k

#270
post #2

Ever since they upped the search limit (before it's pay per search), I've been a happy camper. On the other hand, it did teach me the true cost of searches, and I use a lot more !bangs now, like !mdn or !archwiki (although the search powering both of these are probably funded by donations)

You can cut out the middle man for those searches, at least on the desktop versions of Firefox and Chrome. You can add a new search engine in the browser settings and add a keyword. If you've done that you can type that keyword in your address bar, followed by the search term you want.
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