Raad
@R44D
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founder/ceo @lawtrades. freelance legal marketplace.
nyc
Joined April 2009
3 years ago, Lawtrades was about to go bankrupt. We failed to raise a Series A. Nobody wanted to invest. This month, we closed $6M in funding ($80M valuation) from 100+ customers and investors using a link and no meetings. Here’s how it happened, step by step. 🧵👇
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The moment we started referring to companies who’ve raised at a billion dollar valuation as “billion dollar companies” we helped to shift the focus of startup founders from their customers to their investors. I prefer to call companies with a billion dollars in revenue “billion
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With AI, everybody will make their own software just like how we all 3D print our own furniture.
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Talking with a guy in big law: "Adopting too much AI will hurt our bottom line."
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Law schools have everyone convinced that personal injury lawyers are shady ambulance chasers, and Biglaw is some kind of Rolex-wearing Illuminati. Meanwhile, PI attorneys are suing Uber, clocking out by lunch, and never panic-emailing about the misspelled footnotes on page 30 of
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1/ We’re suing The Wall Street Journal for lying that Mindbloom killed Matthew Perry. When fear mongering headlines scare people away from life-saving treatments like psychedelic medicine, the toll is measured in suicides, overdoses, and broken families like mine. I lost both
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lots of hype around these genAI startups doing $10M+ ARR with 3-person teams and zero sales or marketing. this isn’t the future of startups—it’s just short-term arbitrage. sure, they shipped fast, scaled quickly, and got profitable overnight. but what happens when google ships
Replit's founder just dropped the most important podcast of the year. A new breed of businesses just emerged... And they're reaching $10M in 90 DAYS. Amjad Masad revealed exactly how they're doing it. Here are 8 revelations from his breakdown:
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Just wrapped an amazing LA Liquidity Workshop! Our co-founders @R44D and @AshishW203 represented Lawtrades, with Raad co-leading a roundtable on PE vs strategic buyers in M&A. The GC/CLO insights were 🔥 Collaboration like this shapes the future of legal work.
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Last night's Lakers vs. Rockets game was a slam dunk 🏀 Huge thanks to our hosts for an amazing evening of networking with some of the brightest legal leaders!
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Big law and in-house lawyers are leaving their jobs. AI-powered solo practices are in. Same top-tier lawyers, fewer fees, faster work, and way more personal.
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Professional services firms are dying from the top. Partners extract record profits while cutting 1,200+ jobs, freezing staff wages, and slashing graduate hiring by 33%. This isn't just cost-cutting - it's the last gasp of a pyramid scheme that AI will completely flatten within
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Last year was a special year at Lawtrades - we crossed $12M in annual revenue for the first time 🥳🚀 What makes this especially meaningful is that we faced our first-ever revenue decline the year before. Turning that around to achieve both growth and profitability has been a
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AI features are destroying SaaS margins. The old 80% margin party is dead - now you're lucky to keep 65%. Companies can't pass costs to customers because competitors are eating the costs. In 2025, only those who charge for outcomes (not subscriptions) will survive.
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