Our long-term aim is to ultimately create a new common good, in the form of a digital platforn and an ecosystem of social practices owned by nobody and governed by everybody, i.e., the future SymPlace Community, encompassing its regular users, the future members of the network of symFlo template designers and SymPlace's partners. Therefore we have decided to openly share our business plan (together with the core ideas of SymPlace's approach to Augmented Learning Collaboration and to Collaborative Hybrid Intelligence.
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There is a whole list of risks that can make you doubt the project – team risks (including the age of the founders), technology risks, and competition risks. We have the experience to manage them effectively. But above all, we believe they are more than outweighed by the potential for gain. For more information see here
We are experienced serial entrepreneurs who know that we are not and must not be irreplaceable. We will build a solid organisation as soon as the company takes off. And we have more curiosity and energy than many people who are younger by several decades. For more information see here
An Augmented Learning Collaboration (ALC) that covers all areas of life raises strong new GDPR / privacy protection challenges. SymPlace's solution is to ensure protection by design by basing symBots and private virtual assistants on Web4.0 technology, with which users and virtual agents have complete control over their data. For more information see here
SymPlace aims to create a new market... that will disrupt several existing ones with major players with vast resources, including GAFAM. But SymPlace has attributes that are difficult to imitate, including its decentralized technological model, its economic model, and a strategy that will encourage both large and small entities to cooperate rather than fight with SymPlace. For more information see here
Yes and no. We have a product, the CMT (Community Management Tool), which was developed at the beginning of our journey. It had some commercial success but is at the end of its life cycle. Our new product implementing ALC meets a broad need, which is also the one of SymPlace’s founders: we want it because it could change our lives and our world. For more information see here
The money raised will be used to develop the product and establish the market. We expect to reach profitability in 5 to 7 years and critical mass in 10 to 15 years. Therefore, we are valuing the future, applying different valuation techniques, including DCF (Discounted Cash Flow), with an annual return rate of over 100% to offset the risk incurred by investors. An excellent investment for those willing to take a risk! For more information see here
The priority is to implement the first version of the technology, the first product based on macro-meeting organization, and launch the market through business partnerships. In subsequent rounds, we will expand the applications and markets. For more information see here
AI technologies complement ALC (Augmented Learning Collaboration), but cannot and should not replace it, if only because human collaboration is too complex and too rich. However, they can provide valuable services to make collaboration between humans richer, more intelligent, and more efficient: And by enabling Collaborative Hybrid Intelligence, ALC proposes a solution to the complex trustworthiness dilemma of generative AI. For more information see here