Have you ever wanted to found a tech company but needed the right idea? A California company called LaunchFactory has the ideas and is looking for founders to take them on – including in the legal tech space.
The company takes a decidedly unique path to launching companies. Rather than invest in existing startups, it identifies and vets startup ideas and then recruits entrepreneurs to launch them.
It provides these founders with $300,000 in seed capital, domain advisors, incubation tools and office space.
For 2021, one of the companies for which LaunchFactory is seeking founders is in legal technology, a vertical the company's founder and CEO Brad Chisum believes is ripe for disruption. A second company this year, involving data privacy, borders on legal tech.
On today's LawNext, we're joined by Chisum, who founded LaunchFactory after selling his former company to Google for $85 million, and by Alessandro Rinaldi, who, as director of innovation, leads the ideation of new startups.
Thank You To Our Sponsors
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- Paradigm, home to the practice management platforms PracticePanther, Bill4Time, and MerusCase, and e-payments platform Headnote.
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- Everlaw, the cloud-based ediscovery platform for law firms, corporations, and government agencies.
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- Law Insider, producer of the show Contract Teardown, where they analyze the contracts that others are talking about.
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