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It's quite true that there is a lot of excitement in this space, and that naturally comes with a lot of competitors. We were among the first movers with respect to AI tools for musicians, and we've seen that many others are having to move fast to catch up. Our unique insight is and has always been thinking about what musicians and music enthusiasts actually want, rather than blindly implementing a text-to-music model.

With respect to growth, our goal is to continue lowering the barrier to entry for people to write amazing music that they are proud of. Our initial product is focused on music samples, but by increasing the level of abstraction to remixes and then full stem generation we can literally enable more people to consider themselves to be "musicians." Adding music distribution to our platform will greatly improve virality and organic growth, since most people who make music want to share what they've made with their friends. We are confident that we can achieve our lofty goals by building a vertically integrated music creation and distribution platform.



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