According to statistics, the current startup failure rate is high, with about 90% of new business ventures failing.
This means that only 1 out of every 10 startups will succeed in the long run.
Overall, most startups fail due to common issues such as
lack of market research
finding targeted audience
poor business planning
no idea validation
spending time on useless features
How IdeateIt comes into picture?
Our platform uses the power of social media to instantly validate your SaaS idea and ensure you're building something people truly want. We scrape 1000s of subreddits to find posts and comments according to the relevance.
Implementing Reddit api, searching and navigating through such a large database, collecting data from different social media websites in real time, to bring out the most relevant response to the user, to collect, sanitize and process the data so as to work with different LLMs and vector databases which we have involved.
Tracks Applied (1)
Major League Hacking
Discussion