AI Essay Citation Assistant
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An AI writing assistant called Jenny AI that helps college students write essays by providing smart suggestions, citations, and plagiarism checks. The company pivoted from a general AI writing tool to focus specifically on academic writing assistance.
Key Points:
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Core Product Features:
- Suggests next sentences while writing essays
- Automatically adds citations and sources
- Runs plagiarism checks
- Ensures less than 30% of content is AI-generated
- Formats citations properly
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Target Market:
- College and graduate students
- Focus on academic writing assistance
- Not meant for complete essay generation
- Helps students who need writing support while maintaining academic integrity
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Growth Strategy:
- Started by joining student Facebook groups
- Built relationships with group moderators and admins
- Got product feedback from power users
- Refined product based on actual student needs
- Used moderator endorsements to gain trust
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Results:
- Grew from $2,000 to $300,000 monthly recurring revenue
- Received $3M acquisition offer (declined)
- Currently valued between $10-16M
- Successfully transitioned from general AI writing tool to focused academic assistant
04:46 - 05:50
Full video: 01:03:04SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.