I've decided to focus on data extraction for now.
I talked to Luke from ModelOptic a lot and we agreed that I would develop a parsing service for him that will take Excel spreadsheets containing financial modelling information and spit out json formatted according to a specification he will provide. We agreed that he would pay me an hourly fee to write the code and that we would co-license the code I write. This means he can do whatever he wants with my code and I can use it as a basis for a more generalized data processing service.
I've also been talking to Anuraag from Manifest and he has expressed interest in setting up a similar deal. So out of the seven or so companies in my Startup School group two of them are willing to pay for a document parsing service. This is pretty exciting and suggests that there is