Ep 110: LaunchFactory Has Legal Tech Ideas, Now It Seeks Founders To Run With Them

<p><span style="font-weight: 400;">Have you ever wanted to found a tech company but needed the right idea? A California company called</span> <a href="https://www.launchfactory.com/"><span style= "font-weight: 400;">LaunchFactory</span></a> <span style= "font-weight: 400;">has the ideas and is looking for founders to take them on – including in the legal tech space.</span></p> <p><span style="font-weight: 400;">The company takes a decidedly unique path to launching companies. Rather than invest in existing startups, it identifies and vets startup ideas and then recruits entrepreneurs to launch them.</span></p> <p><span style="font-weight: 400;">It provides these founders with $300,000 in seed capital, domain advisors, incubation tools and office space.</span></p> <p><span style="font-weight: 400;">For 2021, one of the companies for which LaunchFactory is seeking founders is in legal technology, a vertical the company’s founder and CEO</span> <a href= "https://www.linkedin.com/in/brad-chisum-93b9002/"><span style= "font-weight: 400;">Brad Chisum</span></a> <span style= "font-weight: 400;">believes is ripe for disruption. A second company this year, involving data privacy, borders on legal tech.</span></p> <p><span style="font-weight: 400;">On today’s LawNext, we’re joined by Chisum, who founded LaunchFactory after selling his former company to Google for $85 million, and by</span> <a href= "https://www.linkedin.com/in/alerinaldi/"><span style= "font-weight: 400;">Alessandro Rinaldi</span></a><span style= "font-weight: 400;">, who, as director of innovation, leads the ideation of new startups.</span></p> <p><strong>Thank You To Our Sponsors</strong></p> <p><span style="font-weight: 400;">This episode of LawNext is generously made possible by our sponsors. We appreciate their support and hope you will check them out. </span></p> <ul> <li style="font-weight: 400;" aria-level="1"><a href= "https://joinparadigm.com/"><span style= "font-weight: 400;">Paradigm</span></a><span style= "font-weight: 400;">, home to the prac