Spext

Spext is a legitimate audio-to-text editing tool founded in 2017 with verifiable seed funding (2020) and a functioning product similar to Descript. However, the submission provided is extremely poor, containing demonstrably false claims (e.g., 'most people have used my product') and missing critical data metrics. While the technology addresses a real problem (simplifying media editing), the project appears stagnant with no major recent growth signals, and the submission's lack of seriousness significantly penalizes the score. It falls into the 'Minimal traction' category due to the disconnect between the bold claims and verifiable reality.