We're officially wrapping up Nintee
We thank our investors (Peak XV, Kunal Shah, and other angels) for the support all along. The majority of funding we raised is still remaining, and over the next few weeks, we will return it.
Our original hypothesis was to use AI for helping people build better habits to transform their lives. This attracted a passionate niche, but we couldn't build conviction that it could be a VC-scale business.
We tried another pivot to explore education and learning related ideas, but quickly discovered that building a successful consumer app today is very hard (as you're battling for attention with YouTube, Instagram, and Fortnite)
A good decision is the one that you'd take again and again, irrespective of the actual outcome. In that sense, attempting Nintee was a fantastic decision, as it turned out to be a crash course on human behavior and psychology.
What's next? Everyone in the team is being given four months of severance along with an open offer to join my other company VWO (at the same salary and without a single day of gap in employment)
As for me, there's no dearth of ideas. I love building things, and would continue to do so.
Until next time,
With love and gratitude,
Paras Chopra
Founder, Nintee
30th April 2024
:'(