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authorBen Sima <ben@bsima.me>2019-11-02 15:33:13 -0700
committerBen Sima <ben@bsima.me>2019-11-02 15:33:13 -0700
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-#+TITLE: Duree: automated universal database
-#+SUBTITLE: seeking pre-seed funding
-#+AUTHOR: Ben Sima <ben@bsima.me>
-#+EMAIL: ben@bsima.me
-#+OPTIONS: H:1 num:nil toc:nil
-#+LATEX_CLASS: article
-#+LATEX_CLASS_OPTIONS:
-#+LATEX_HEADER:
-#+LATEX_HEADER_EXTRA:
-#+LATEX_COMPILER: pdflatex
-#+DATE: \today
-#+startup: beamer
-#+LaTeX_CLASS: beamer
-#+LaTeX_CLASS_OPTIONS: [presentation,smaller]
-Start with this:
- - https://news.ycombinator.com/item?id=14605
- - https://news.ycombinator.com/item?id=14754
-Then build AI layers on top.
-* Problem
-Developers spend too much time managing database schemas. Every database
-migration is a risk to the business because of the high possibility of data
-corruption. If the data is modeled incorrectly at the beginning, it requires a
-lot of work (months of developer time) to gut the system and re-architect it.
-* Solution
-- Using machine learning and AI, we automatically detect the schema of your data.
-- Data can be dumped into a noSQL database withouth the developer thinking much
- about structure, then we infer the structure automatically.
-- We can also generate a library of queries and provide an auto-generated client
- in the choosen language of our users.
-* Existing solutions
-- Libraries like alembic and migra (Python) make data migrations easier, but
- don't help you make queries or properly model data.
-- ORMs help with queries but don't give you much insight into the deep structure
- of your data (you still have to do manual joins) and don't help you properly
- model data.
-- Graph QL is the closest competitor, but requires manually writing types and
- knowing about the deep structure of your data. We automate both.
-
-* Unsolved problems
-- Unsure whether to build this on top of existing noSQL databases, or to develop
- our own data store. Could re-use an existing [[https://en.wikipedia.org/wiki/Category:Database_engines][database engine]] to provide an
- end-to-end database solution.
-* Key metrics
-- How much time do developers spend dealing with database migrations? What does
- this cost the business? We can decrease this, decreasing costs.
-- How costly are failed data migrations and backups? We reduce this risk.
-* Unique value proposition
-We can automate the backend data mangling for 90% of software applications.
-* Unfair advantage
-- I have domain expertise, having worked on similar schemaless database problems
- before.
-- First-mover advantage in this space. Everyone else is focused on making
- database migrations easier, we want to make them obsolete.
-* Channels
-- Cold calling mongoDB et al users.
-* Customer segments
-- *Early adopters:* users of mongoDB and graphQL who want to spend time writing
- application code, not managing database schemas. The MVP would be to generate
- the Graph QL code from their Mongo database automatically.
-- Will expand support to other databases one by one. The tech could be used on
- any database... or we expand by offering our own data store.
-* Cost structure
-** Fixed costs
- - Initial development will take about 3 months (~$30k)
- - Each new database support will take a month or two of development.
-** Variable costs
- - Initial analysis will be compute-heavy.
- - Following analyses can be computationally cheap by buildiing off of the
- existing model.
- - Customer acquisition could be expensive, will likely hire a small sales
- team.
-* Revenue streams
-- $100 per month per database analyzed
- - our hosted service connects to their database directly
- - includes client libraries via graphQL
- - may increase this if it turns out we save companies a lot more than $100/mo,
- which is likely
-- enterprise licenses available for on-prem
- - allows them to have complete control over their database access
- - necessary for HIPAA/PCI compliance