There is clearly value in contracts and contract metadata over time. But how are you gonna extract that value? You need to collect the data first. And with Ironclad, our product intentionally makes the process for collecting that data — for creating a single source of all contracts data — automatic, so that the machine learning gets built on a solid foundation.
One: The founders are extremely intentional about how they’re going to achieve the company vision. On the product side, for example, we have this vision of creating the first contracts intelligence technology. But the approach is very methodical. We know there’s a lot of low-hanging fruit that can be built for legal departments right now. There’s a clear value proposition from the get-go. But you can also see how solving those problems will enable data analytics tomorrow. And in the even longer term, that is what will enable the future vision of contracts intelligence.
…d I honestly believe that I wouldn’t have accomplished anything over the last 12 months without it. Because when I let those thoughts stick around and settle in, I have a bad habit of giving up. Rage quitting. Walking away.