Of technology challenged VCs and lawyers

Algo Legal founder Sandeep Kapoor says venture capital firms and lawyers need to get around to using technology themselves.

“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 …

Author

Ashish K. Mishra

Ashish is the editor-in-chief of The Morning Context. One of the best-known business feature writers in India, he was selected for Germany’s Robert Bosch Stiftung Fellowship in 2012 and received the Mumbai Press Club RedInk certificate of recognition in 2015 for his story “Inside the Network 18 takeover”. Before joining The Morning Context, Ashish co-founded The Ken, where he was managing editor. His previous writing stints include Mint, Forbes India and The Economic Times.

Editor-in-chief

ashish@mailtmc.com

London