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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Algo Legal founder Sandeep Kapoor says venture capital firms and lawyers need to get around to using technology themselves.
Editor's note: “Have you raised money?” This is Sandeep Kapoor, founder and managing partner of Algo Legal, grilling me. “You are kidding, right. No, I have not.” This is me. “Okay, have you EVER raised money?” he says. “Sort of. In the sense that I was part of the company that did.” “Great. And how long did it take?” “Eight months.” “Exactly! That’s not how long it should take. Anything beyond a month is just a waste of everyone’s time, at least till Series A stage. In a very simplistic way, that’s the problem we are trying to solve. Today, when a venture capital transaction is happening, the whole process is inefficient. From term sheet to storage of documents to compliance to actual terms being negotiated, it is a lot of communication over email. Globally, we are at that level where technology can solve for creating documents, arriving at terms, creating a workflow which takes care of all of this and saves everyone the headache of reinventing the wheel over and over again. What was the length of your due diligence checklist? …
In light of the recent exits of top executives at Swiggy’s quick commerce business, we look at the reasons behind the departures and whether it’s impacting the business.
The ride-hailing company is gradually ramping up its food delivery business and at least one of the two major players has blinked in response. How credible is the threat?
The online storytelling company is betting that content will be the most sought-after commodity as scores of platforms jump on the microdrama bandwagon. But success will hinge on whether it has a good enough story to draw the audience.
