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ChatCut: Golden Horse Award-Winning Director Transitions to AI Video Editing Tool Global Startup Founder

Founded: Kaiwen Li · ChatCut Inc.

JOURNEY

Key Fields

FIELD STAMPS
IndustryAI / LLM
RegionMulti-region
ScaleSME
ChannelOther

Origin

Founder Kaiwen Li was previously a documentary director associated with the Golden Horse Awards. Through years of professional editing work, he deeply felt that traditional editing workflows were extremely unfriendly to small-to-medium creators: concepts like timeline operations, keyframe color grading, and audio alignment felt like ancient Greek to non-professional users, shutting a massive number of short-form video bloggers and independent content creators out of the creative threshold. In 2024, amidst the AI video generation wave, he observed that existing tools were either too professional (Premiere/Resolve) or leaned heavily toward consumer-grade template stacking (CapCut templates). There was a lack of an intelligent editing layer in the middle that could be driven by natural language while retaining the creator's stylistic judgment. Thus, he decided to teach himself programming from scratch, aiming to encapsulate a professional director's editing judgment into capabilities that AI could invoke, enabling overseas small-to-medium creators to complete rough cuts, fine edits, and multi-platform adaptation with a single sentence.

Milestones

2024
Startup Launch Failure
Kaiwen Li transitioned from a documentary director to technology entrepreneurship. With zero prior programming experience, he began self-teaching Python and frontend development driven purely by his passion for AI tools. For the first two months, even basic development environments constantly threw errors, and the first demo version could only process fixed-resolution footage under 30 seconds, failing to accommodate real creators' multi-format input needs. The team (which was actually just him) fell into a dual predicament of technical anxiety and directionless confusion.
2024
First Version Launch Failure
The initial product positioning was overly skewed toward professional editors' workflows, replicating the traditional NLE timeline logic on the interface with an added AI analysis sidebar. After launching on overseas Product Hunt, daily active users (DAU) fell below 200, first-week user retention was under 10%, and a large volume of user feedback stated it was 'harder to use than Premiere.' This failure made Kaiwen Li realize that a massive chasm existed between 'professionally useful' from a director's perspective and 'truly useful' from a user's perspective, wasting almost three months of development resources.
2024
Direction Calibration Turning Point
Kaiwen Li overturned the first-version logic and conducted deep interviews with 50+ overseas creators, discovering that the core demand was not 'stronger editing features' but rather 'replacing operations with conversation.' The team restructured the product into a conversational AI editing assistant. Users only needed to describe the desired style and pacing, and the AI automatically completed cut point labeling, material filtering, and multi-platform adapted output. Following the restructuring, the product secured its first 200 seed users in a TikTok creator Discord community, and weekly retention jumped to 42%.
2025
Early Validation PMF
The conversational editing feature went viral through word-of-mouth in North American creator communities. Within the first month of launch, the product gained 1,000+ registered users, with a paid conversion rate of 13%, far exceeding the AI tool industry average (approx. 5-8%). The podcast 'Crossing' conducted an in-depth interview with Kaiwen Li, which drove a single-day registration peak of 3,000+ following its broadcast, forming a PMF inflection point. That same month, Antler stepped in with a pre-seed round, providing early capital and incubation resources.
2025
Financing Breakthrough Growth
ChatCut completed an eight-figure RMB seed round of financing led by ZhenFund, with Antler participating. By this time, the team had expanded to 5 people, monthly active users (MAU) surpassed 160,000, and the monthly growth rate reached 120%. What appealed to ZhenFund was Kaiwen Li's unique identity as a 'professional creator transitioned to AI tool developer'—possessing both industry know-how and the execution capability to teach himself programming from scratch, which is extremely scarce in the AI tool globalization track. Following the funding, the team accelerated multi-language support and Codex plugin development.
2026
Product Extension Pivot
ChatCut launched its Codex plugin format, which can be directly embedded into development environments like VS Code, enabling technical creators to invoke video editing capabilities using natural language while writing code. This form has been referred to by the industry as the 'Cursor moment for video editing,' gaining review exposure in technical communities like Qiniu Cloud, but it has also faced criticism that its target audience is too narrow—the user overlap between developers and content creators is low, and the commercialization ceiling of the plugin format could become a subsequent growth bottleneck.

Turning Points

  • Overturning the first-version professional-oriented NLE workflow logic and pivoting toward conversational AI editing; this was a crucial cognitive shift from a director's perspective to a user's perspective.
  • The broadcast of the in-depth interview on the podcast 'Crossing' drove a single-day registration peak of 3,000+, making content marketing ChatCut's most effective user acquisition channel.
  • In October 2025, ZhenFund led an eight-figure seed round, validating the capital market's recognition of the 'professional creator turning to AI tool globalization' path.
  • The launch of the Codex plugin format extended the reach from pure SaaS to the developer ecosystem, while also sparking strategic controversy over narrowing the audience scope.

Failures & Pitfalls

  • The initial product blindly copied NLE timeline logic, resulting in under 10% retention in its first week. Three months of development resources were almost entirely wasted, and the team nearly disbanded.
  • The founder taught himself programming with zero experience; the development environment repeatedly threw errors during the first two months, and the first demo failed to handle multi-resolution footage, with technical bottlenecks severely delaying progress.
  • Early on, it overly relied on Discord community word-of-mouth promotion without establishing a systematic user acquisition framework, causing seed user growth to stagnate at around 200 users for three consecutive weeks.
  • Following the launch of the Codex plugin format, it faced criticism for having an overly narrow target audience—the low overlap between developers and content creators might limit the commercialization ceiling.

关键成功要素

  • The founder's background as a Golden Horse-level documentary director endows the product with a unique professional aesthetic judgment, forming a competitive moat that pure tech teams cannot easily replicate.
  • The conversational AI editing direction precisely strikes the pain point of overseas small-to-medium creators who 'want to edit but don't know how to operate,' avoiding direct head-to-head competition with CapCut in the template-stacking track.
  • Podcast content marketing became ChatCut's core user acquisition channel; a single interview episode on 'Crossing' directly brought in 3,000+ registrations.
  • What ZhenFund valued was not the product itself, but the scarcity of the 'professional creator turned AI developer' identity, centering the investment logic around the person rather than metrics.
  • The Codex plugin format extended the product boundaries from SaaS to developer tools, increasing exposure and word-of-mouth touchpoints in technical communities.

Lessons

  • The biggest trap for a professionally backed entrepreneur is treating familiar professional logic as user demand; the essence of the first version's failure was the director's perspective crushing the user's perspective.
  • Starting AI tool products with self-taught programming from zero is feasible, but user interviews must be conducted early to calibrate direction; you cannot indulge in self-absorbed technical exploration for more than two months.
  • Content marketing (podcasts/in-depth interviews) offers a much higher user acquisition ROI for early-stage AI tool global startups than paid advertising, especially for projects where the founder has a compelling narrative.
  • The core persuasiveness of seed round financing comes from the 'scarcity of the person' rather than product data—Kaiwen Li's director background was far more compelling to ZhenFund than 160,000 MAU.
  • Product format extension requires vigilance against the risk of sliding from mass market scenarios to niche scenarios; while the Codex plugin increases technical exposure, it may also cap the commercialization ceiling.

Core Data

  • Seed Round Financing Amount:Tens of millions of RMB (led by ZhenFund, participated by Antler) (Public data source, independent verification not verified)
  • Monthly Active Users (MAU):160,000 (Public data source, independent verification not verified)
  • Monthly Growth Rate:120% (Public data source, independent verification not verified)
  • Paid Conversion Rate:13% (Public data source, independent verification not verified)
  • 30-Day User Retention:38% (Public data source, independent verification not verified)
  • Team Size:5 people (Public data source, independent verification not verified)
  • Single-Day Registration Peak:3,000+ (After the podcast interview aired) (Public data source, independent verification not verified)

Competitors / Peers

Competition in the AI video editing track where ChatCut operates is extraordinarily fierce. Overseas, CapCut's international version leverages ByteDance's resources, occupying the down-market creator segment through template-based editing and free strategies; OpusClip specializes in automatically slicing long-form videos into shorts, having secured multiple rounds of financing to cover a massive number of podcasts and content creators; Descript enters the professional market driven by text-based video editing. Domestically, Jianying and iQIYI-backed BoomCut continue to ramp up their AI editing capabilities while possessing massive user bases and mature commercialization pipelines. ChatCut's differentiation lies in conversational interaction combined with professional director aesthetic judgment, yet facing free giants like CapCut, its monetization model and user retention still face severe challenges.