This startup founder wants AI to negotiate for you – whether you're buying jewelry or while you're making other high-dollar, high-stakes purchases.
It’s Episode 073 of The Feedback Loop, and it's Ifeanyi Osuji pitching the future of AI driven buying.
Ifeanyi's vision is an AI negotiation platform that can benchmark real‑time market prices, prompt you to ask critical questions (“How many carats is that diamond, anyway?”), and – eventually – negotiate on your behalf.
But to be able to negotiate, Haggler AI needs “vertical‑by‑vertical” data – is that go-to-market approach realistic in a world where GPT‑powered solutions crop up every 7.9 seconds (don’t fact‑check that)? Our investors dig into the potential (and pitfalls) of building a B2C app for occasional high‑stakes purchases – plus the possibility of expanding into enterprise procurement, subscription cancellations, or even AI‑versus‑AI negotiations.
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More on our guest investor for the episode:
Ihar Mahaniok is Managing Partner at Geek Ventures, which he founded in 2021 to support immigrant entrepreneurs building at the pre-seed and seed stage. He’s made more than 200+ investments over the past decade, and has invested early in companies like Instacart, People.ai, Chainalysis, PandaDoc, and Airbyte, to name a few.
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LinkedIn: https://www.linkedin.com/in/mahaniok
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We dive into…
Haggling 101 – From gold prices to diamond clarity, how accurate can AI get without firsthand quality data – and how much will it matter to curious buyers?
B2C vs. Enterprise – Should Haggler AI stay laser‑focused on jewelry shoppers, or pivot to bigger markets like procurement and “dynamic discounting”?
User Adoption – People only buy jewelry every so often. Can a specialized negotiation app thrive, or does Haggler AI need to go broader (like a ‘DoNotPay’ 2.0)?
The Road to Venture Scale – VCs love a big vision, but can AI negotiations become a billion‑dollar category before the market “efficient‑izes” itself?
Ifeanyi Osuji, founder of Haggler AI: https://www.linkedin.com/in/ifeanyi-osuji-82231139
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