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Building a team in US is better than in Europe
The awesome thing about building a team in the US is it takes 2 weeks for people to leave. The termination period in the US versus in let's say Sweden is actually one of the structural benefits of having a big office in the US. >> So how does it compare.two weeks to leave in the US >> versus 3 months on like everybody has three months basically. ...
There will be less Junior Lawyers & Trainees
Legora CEO: There will be less Junior Lawyers & Trainees | All on 20VC #lawyer #ai ...
"We are die-hard Anthropic right now..."
We are pretty diehard anthropic right now in terms of the models that we deploy in our system. >> Wow. >> So initially we were only open AI. So 2023 most of 2024 only open AI and now we're majority using anthropic.>> What changed. >> What happened was you had to start prompting the models quite differently. And then there's a question of like where do we actually want to put our effort.Just just pick a good model and double down on it and build all the application around. ...
"It's totally a winner takes all..."
It doesn't really matter who was first, it matters who's best. We are moving at such a rapid pace that >> last week we had Harvey on the show. This week we have their biggest competitor, Lagora.And joining me is match June Strand, co-founder and CEO Lora. >> In a single day in 2025, we added 7 million of AR in 24 hours. And that was more than what we did in 2023 and 2024 combined.There's this conception that Harvey have won the US and that you have won Europe. >> I think one of those statements are true. >> ...
Legora CEO, Max Junestrand: $7M ARR in a Day & $200M Raised | Is Anthropic Crushing OpenAI?
Max Junestrand is the Co-Founder and CEO at Legora, the legal AI company that has scaled to 750 of the world's leading law firms as customers and over 300 employees in just 2 years. They have raised over $200M from some of the best in the business including Benchmark, General Catalyst, Redpoint and ICONIQ. ----------------------------------------------- Timestamps: 00:00 Intro 02:56 Why Does Everyone Think Harvey When They Hear Legal AI? 08:31 Why OpenAI is Toast? Switching to Anthropic! 14:57 24 Months: Wh ...
What makes YOU truly happy in life?
When you enjoy the art of doing, [music] the money is the output and that's really important. I remember when I made my first million, you know, I was very lonely [music] and I remember sitting on my balcony in Fulham where I lived and I was with a [music] bottle of tequila and you know packet of cigarettes and I thought I could buy any table in any club. The only challenge [music] is, Simon, I don't have any friends to bring to that table.And I looked at my bank balance, which had a million in it, and I wa ...
He made $1.75M in 24h
I very clearly remember my mother telling me that she had MS and she'd had MS for about 5 years before but that the MS medication was like $750,000 and I had this, you know, useless podcast at the time which had no listeners and we can get to the importance of persistence. And I thought, gosh, how do I leverage this to make money to pay $750,000 when I made no dollars. And I went up to my bedroom, I emailed 25 of the biggest CEOs in technology and I said that their biggest competitors wanted to sponsor the ...
Are AI Researchers Job Hopping?
I think the reality is what researchers care the most about is working on really hard and interesting problems. And I don't say that as like Like a lot of tech I think is like people just want to join hot companies, right. Researchers really genuinely do care about pushing research forward.And I think what ends up happening sometimes is the leaders at some of these companies kind of change the direction of the company and the researchers are no longer interested in that direction of the company. And that ha ...
Importance of Measuring Retention
You need to deliver insight in the first three minutes of an interview, otherwise you lose people. We measure retention incredibly hard at 20VC. You get an 82% drop off if you don't have a lesson or a nugget of wisdom in the first 5 minutes.You have to manufacture. ...
Avoid this hiring mistake ❌
Huge mistake that people make. Massive mistake. If you want to hire somebody, if they're bestin-class, hire them whatever they want to be hired and put them in the position that they want. If you can't tell if they're best in class, it's a separate problem.But don't go back and forth. Doesn't matter. ...