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Back to Noah Shinn - Building Instinct: The Personal Agent, with Noah Shinn.

How Did Five Invites Grow Instinct With No Ads?

Noah Shinn believes Instinct is growing about 10 or 11 percent day over day, and marketing spend so far is $0. Instinct is invite-only, and every user gets five invites.

The rollout started with 200 people. The count then moved to about 205, then about 210, as a couple of people each shared it with one person. Daily growth sat around 1 percent, then 2 percent, then 3 and 4 percent. Once the user base hit a couple thousand, people started posting use cases online, and the rate climbed through 6, 7, 8, and 9 percent to about 10 or 11 percent day over day. Every day, about 10 percent of the audience, or slightly less because one person can refer multiple people, gives up one of five invites.

People email, a bit ashamed, to ask for an invite because a friend has Instinct and they are not sure they make the list of five. Others brag that three invites are left and they are holding on. Some invites were selling on eBay for about 300 bucks.

Grokipedia·Instinct·Noah Shinn

Transcript

Noah Shinn - Building Instinct: The Personal Agent ·

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More from this episode

  1. What Is the Instinct Personal Assistant?Noah Shinn runs Instinct, a company he started about a year ago to build a personal assistant.
  2. How Does Instinct Cancel Unused Subscriptions?Noah Shinn says users can connect bank accounts to Instinct so it scans transactions and subscriptions, cancels ones they do not use, and reports the savings.
  3. What Is Instinct's Trusted Person Network?Noah Shinn describes Instinct's trusted person network as a private link between two users so their agents can find a meeting time and book it.
  4. How Does Instinct Plan a Night and One Uber?Noah Shinn says six friends on Instinct's Trusted Network share one Uber after Instinct plans the night and the pickup route. The usual version is a chore.
  5. What Is Instinct's Yearly Transaction Volume?Noah Shinn says Instinct is still running an invite-only program and is quite early, but the platform is approaching over a billion dollars a year in…
  6. How Long Does It Take to Trust an AI Agent With a Credit Card?Noah Shinn says users take several weeks to trust Instinct with a personal credit card.
  7. Why Does Noah Shinn Refuse to Build an Ad Model for Instinct?Noah Shinn refuses to build an ad model because Instinct should not steer people into purchases or subscriptions they do not want.
  8. Why Is Safety Instinct's Hardest Problem?Noah Shinn calls safety the most important problem while building Instinct.
  9. Why Will All Software Collapse Into One Interface?Noah Shinn says all of software is going to collapse into one very easy interface because people are tired of a new application for every need, and a simpler…
  10. Why Is Instinct Called Instinct?Noah Shinn liked Instinct as a name for many reasons.
  11. Why Is Instinct So Capital Intensive?Noah Shinn says Instinct is capital intensive because compute costs are high while Instinct tries to reach billions of people on the planet every day at a…

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