As the world becomes more complex, existing data platforms cannot keep up — and a lot of valuable knowledge remains trapped and not written down anywhere. Not even Google can index what is in our minds (not yet anyway). Some of the most valuable data in the world is the unstructured, tacit insights in our heads.
The core product is a paid 1 hour phone call between a customer (often an investor or a consultant) and an industry professional with several years of experience.
Not a lot of capital is required. All you really need is one employee with an internet connection. However, there are a lot of nuances to connecting expertise as the business scales.
The core group of traditional expert users are investors and consulting firms, who make up 70–80% of traditional expert network demand today. And this group is well covered by entrenched market incumbents.
DeepBench’s approach: Our company is approaching the expert network industry from two unique directions. First, we are licensing software to help other organizations build their own knowledge networks. Second, we are focused on reducing costs and expanding the market for paid knowledge exchange.