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> And then someone else starts giving away shovels for free.

And their business model is shovel-fleet logistics and maintenance... :p




The platform for shovel fleet logistics startups


SaaS (shoveling as a service)


And/or exploiting the legal infrastructure around intellectual property rights to make sure only hobbyists and geologists can use the shovels without paying through the nose or getting sued into oblivion.


If your company grows to 700 million monthly active users, then most probably you can make your own AI department and train your own models. I guess people's aspirations are very high in this space, but let's be realistic.


Their business model is of course tracking all the shovels and then selling the locations of all the gold.




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