Why are the existing legal marketplaces not disrupting anybody in the market? How to make them cooler?
1. OBSERVATIONS
All-welcome model marketplaces (like Avvo and various regional clones) do not taste neat enough for a highly-qualified and reputable lawyer to apply. Neither do they target the highest-margin sectors of the market, say M&A, finance, quality PE etc. They appear to be only able to grow big in gigantic markets, such as the US.
Prescreened “high-quality” lawyer marketplaces (say, Lexoo) appear to grow too slowly in terms of what is generally expected from a disruptive professional network or marketplace. Even in…
- Fintech Perspective
In the today’s world of low interest rates and overblown price multiples you can virtually sense gravitational vibrations from billions of dollars poured into fintech companies. Whether you are an individual investor, venture capitalist (VC) or private equity (PE) manager, you may feel you are missing the opportunity of your life if you have no fintech exposure or digital assets in your portfolio. And you probably crave to catch up.
From the industry peers and your own research, you are likely well aware that the fintech party is now in full swing. By the end of 2016 global…
Vladimir Vereskun
Partner at Silvercliff Capital
