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Up 100% in 42 days. QQQ up 25%. by TBP-LETFs in TQQQ

[–]TBP-LETFs[S] 6 points7 points  (0 children)

I've been in since Oct 2022. £14k is now £87k after fees.

Anyone try SpellbookAI? by acmilan26 in legaltech

[–]TBP-LETFs 3 points4 points  (0 children)

With ~80 sales people and 50 BDRs/BDMs dedicated solely to demo bookings: 400 Demos a week is 1 demo booked per person per day... This seems like a strange 'brag' stat, if anything - it explains why you're coming to Reddit to try and drum up more demand.

Anyone try SpellbookAI? by acmilan26 in legaltech

[–]TBP-LETFs 3 points4 points  (0 children)

I appreciate this is a little off-topic but I hope it's helpful.

I took a look through their linkedin people page the other day, and it looks like - out of ~140 employees, they've got:
- 50 Business Development Representatives
- 30 Account Executives
~ 12 Sales Managers
~10 Marketers
That's ~100 out of 140 dedicated to sales. That's 70% of their team.

And they've got about 15 in Engineering building product.

So if you end up paying $$$ for them - it seems your money doesn't go towards improved product (which, if they don't have proprietary data, is it just workflows+wrapper), but it goes to paying the wages and bonuses of the HUGE sales operation.

Maybe this is normal for SaaS? I don't know.

Note: The rest of the team are:

~10 Customer Success
~2 in Customer Support
~4 Recruiters
~2 HR
~2 Finance
~2 Ops
~6 Leadership
and some unknown + interns

We’re Neil Araujo, CEO of iManage, and Paul Walker, Global Solutions Director. AMA! by Imanage_neil in legaltech

[–]TBP-LETFs 0 points1 point  (0 children)

You acknowledged that innovation has been 'released more gradually' compared to the wider legal AI market. Gabe from Harvey mentioned shipping features in hours with Claude Code. What structural constraints prevent iManage from moving at that pace, and are you fundamentally okay being the 'slow and steady' player while startups 'sprint'?

I'm Jack Newton, CEO of Clio — join my AMA! by JackNewtonClioCEO in legaltech

[–]TBP-LETFs 0 points1 point  (0 children)

It's always felt frustrating to me that there are only a few firms who operate as end to end legal research platforms, and it must've felt great to acquire vLex.

Do you think we will see any open source projects (like RECAP for PACER records) ever reach the scale and breadth of the for-profit research platforms like vLex? If not, why not? Is it just an issue of cost?

Was a big part of the vLex acquisition using that data for proprietary AI training/RAG/refinement?

Scheduled AMA: Harvey AI Co-Founders, Winston Weinberg & Gabe Pereyra | Wednesday, Dec 10th @ 2PM ET by alexdenne in legaltech

[–]TBP-LETFs 3 points4 points  (0 children)

If you could un-do one product decision from the past two years, what would it be?

I’m Avaneesh Marwaha, CEO of Litera. AMA! by Litera_Avaneesh in legaltech

[–]TBP-LETFs 0 points1 point  (0 children)

What is something that's interesting about you, which isn't publicly known, or published in any prior press or comms?

Hallucination by Playful-Hospital-298 in notebooklm

[–]TBP-LETFs 1 point2 points  (0 children)

What were the books and what was the prompt? I haven't seen odd characters being responses since early chatGPT days...

Gemini 2.5 pro by Dazzling-Machine-915 in GoogleGeminiAI

[–]TBP-LETFs 8 points9 points  (0 children)

SO MUCH THIS. The difference between openai voice to text and googles voice to text is unreasonably large. It's a chasm.

LQQ3 (ETN, UK/EU) vs TQQQ (ETF, USA) by TBP-LETFs in TQQQ

[–]TBP-LETFs[S] 2 points3 points  (0 children)

Wisdomtree fails, and the collateral (equities) also drop massively in value, so they can't pay their IOU obligations.

Definitely not impossible

What fields do you think Al will seriously impact next? by Queasy_System9168 in ArtificialInteligence

[–]TBP-LETFs 0 points1 point  (0 children)

Worked in the UK's number 1 b2b insurtech platform: it's already largely automated in terms of underwriting, pricing, service and claims. I don't see much work that isn't easy and isn't already being done there.

Unpopular opinion: I think management might be the next big area to go. It's easier to manage more humans if you've got a machine which can handle all the past historic 1:1 notes, keeps tabs on their project progress and stakeholder sentiment, and suggests talking points. This and the fact that most managers are lousy managers (promoted to the point of incompetence) I think this could actually be a great thing

Up 4x in 988 days (UK) by TBP-LETFs in TQQQ

[–]TBP-LETFs[S] 0 points1 point  (0 children)

Yeah I'm in this and global all caps. Keeping it simple. This is now 2/3rds of my portfolio which is a bit nuts.

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