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Peter Brodsky: I think there’s also the empirical fact that up until the pandemic in the US, we had the highest level of automation ever and the lowest level of unemployment. In the history of technology, one in which automation can switch jobs, far fewer of us are farmers compared to before, but it hasn’t
Sramana Mitra: You had about five employees. What revenue level did you reach with them on board? How many people did you have when you hit the one million point and five million point? Can you give me a sense of the scale of the operation? David Schnurman: We got to a million with five
Sramana Mitra: Let’s double-click down one level and take one more example. When, automatically, your technology is able to verify a person’s income, how is it able to do that? What data source is it going after to be able to do that? Peter Brodsky: We are probably getting too deep into customer specific details
Sramana Mitra: Let’s go back to when you were going to decide that you were going to do Lawline as a business. You got to a quarter-million dollars in revenue. Double click down into that zero to quarter million dollars in revenue phase. What was the business model? Whom were you selling to? How were
Sramana Mitra: In the context of what we are discussing, what is an example of something that is not doable without human intervention? Peter Brodsky: Most things. Even if you take something as simple as looking at a form that has been filled out by hand. There is no clear way of knowing what it
Entrepreneurs are invited to the 511th FREE online 1Mby1M Mentoring Roundtable on Thursday, December 3, 2020, at 8 a.m. PST/11 a.m. EST/5 p.m. CET/9:30 p.m. India IST. If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your
Sramana Mitra: What happens after you come out of law school? David Schnurman: I graduated from law school in 2006. I did internships each summer at different law firms. It became clear to me that being a lawyer is not that different than being a salesperson, especially if you want to be a lawyer who