Ad-free is not a strategy if you have no means to capture value
Quote from Ndubuisi Ekekwe on May 25, 2023, 1:39 PMAd-free is not a strategy if you have no means to capture value: "Ad-free search engine Neeva is shutting down on June 2, with plans to "pivot" to AI".
Ad-free search engine Neeva is shutting down on June 2, with plans to "pivot" to AI, reports The Verge. Co-founded by former Google executive Sridhar Ramaswamy and Vivek Raghunathan in 2019, the company’s original goal was to give people personalization and privacy when they searched, along with a paid tier to access more features. In a blog post announcing the closure, the co-founders said they had trouble getting new users and that there’s “no longer a path towards creating a sustainable business in consumer search.”
The Information reported that the startup, valued at $250 million two years ago, was close to being acquired by cloud database provider Snowflake.
Ad-free is not a strategy if you have no means to capture value: "Ad-free search engine Neeva is shutting down on June 2, with plans to "pivot" to AI".
Ad-free search engine Neeva is shutting down on June 2, with plans to "pivot" to AI, reports The Verge. Co-founded by former Google executive Sridhar Ramaswamy and Vivek Raghunathan in 2019, the company’s original goal was to give people personalization and privacy when they searched, along with a paid tier to access more features. In a blog post announcing the closure, the co-founders said they had trouble getting new users and that there’s “no longer a path towards creating a sustainable business in consumer search.”
The Information reported that the startup, valued at $250 million two years ago, was close to being acquired by cloud database provider Snowflake.
Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.