Hipclip is a verifiable early-stage AI video editing SaaS backed by Techstars (approx. $245k funding). It offers legitimate utility for content creators by automating editing tasks like filler word removal and clipping, competing in a crowded market against Opus Clip and Descript. However, the project submission contained significant exaggerations (claiming 'most people' have used it and 'everyone' is the audience), and lacked concrete data. While the product is functional and has traction via AppSumo and Product Hunt, its scale is currently small (<10k estimated active users) compared to established competitors.
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