Mem: Eliminate note taking friction

Dennis Xu is a Stanford graduate, entrepreneur in Silicon Valley, and the co-founder of Mem. They recently raised a $5.6mm seed round on zero revenue. Since Mem’s founding in 2019, they went from writing the first line of code to attracting over 100k users. 

Mem.ai is a new entry in notetaking software's hectic market space. Dennis is competing with a host of well-financed competitors, but he is confident of his positioning. Mem mines and organizes your black box of ideas on all of your interests. 

I am an early user of Mem and a rabid notetaker. Mem is the first product I’ve used that eliminates all friction in capturing an idea and making it easy to find. Its AI engine finds the idea I am looking for and makes the connections to other thoughts and meeting notes that may contribute to my thinking. Mem promises to be the most straightforward Zettlekasten digital system on the market.

In this conversation, Dennis and I discuss the genesis of the Mem idea, how they got it funded with only a PowerPoint presentation, and how they attracted Andreeson Horowitz as an early-stage investor. Dennis also shares his BIG vision for where MEM is headed. And that is how Andreeson will make a significant return.