Harvey doubled customers and increased ARR 33%, so revenue per customer fell -33%, that's also in the fine print...
Harvey doubled customers and increased ARR 33%, so revenue per customer fell -33%, that's also in the fine print...
..of this the big $550M announcement ๐ฃ https://lnkd.in/p/gkUCDyjd
PSA: Every cent invested in legal makes our society safer..full stop ๐ฆ
Capitalism is competition but I support all legal tech founders, every single one ๐ช๐ฝ
Now back to our regular scheduled programming ๐บ...
Drop in average contract value means Harvey is moving downstream
AMLaw ๐ฏ is saturated so mid-tier and corporates are next.
I won't talk about serving costs of Tenet (Kimi K3) model ๐๐ฝ https://lnkd.in/p/gE6Sw3g9
Nor will I discuss ARR per million token ๐๐ฝ https://lnkd.in/p/gQPbhWVD ...it already has 709 likes ๐๐ฝ
I just want you to enjoy The Weeknd ๐ง and remember: I support you all so...
Sunday I'll share charts showing the impact this has on the broader legal tech ecosystem

