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Hi guys, This is an interesting product! I generated a sample document to see what it looked like and I was impressed by both the simplicity of the document ge
by philipkiely 8y ago
Hi guys,
This is an interesting product! I generated a sample document to see what it looked like and I was impressed by both the simplicity of the document generation process and the quality of the output. I also think it is great that there is no signup, email, or any other gatekeeper preventing me from using the service.
I frequently find myself involved in early stage projects where these sort of legal documents would be very handy. I would love to see the document types that you're already working on, as well as perhaps a freelance / work for hire Letter of Agreement, as many startups begin by putting food on the table consulting.
A few things about the service:
1. What license, if any, are these documents generated under? I know sites like contractology let you use the docs for free but require attribution, or they can be used without attribution for a small fee.
2. Other than official legal review, do you plan to monetize any aspect of the service, such as the customization offered in the fifth point in the "main differences" section? Why or why not?
3. Where are your market size estimates coming from? Is the market that you are measuring the total amount that startups spend per year on legal expenses, or is it something else?
4. I was confused by some of the wording during the signup process "No I Makes sense, if pilot is very simple," for example, was an option.
Regarding the fourth point, I have some experience working with European companies to improve the fluency of their website's English business and technical writing. My email is in my profile if you are interested in learning more.
- yuriy_zaremba 8y agoThank you for such a detailed feedback. This is extremely valuable and we will definitely reach out to you separately! On each of your questions: 1. We don’t impose any license terms. It’s free to use and share for everyone. The reason being that we want people to share the news and get the benefit of AXDRAFT instead of thinking twice not to violate some kind of restrictions. 2. We don’t intend to monetize on personalization for now, but eventually we want to become a first point of contact for all startup legal work and this will become our source of revenue. We choose not to charge for personalization, because we want users to clearly feel the value between finding a free template on Google or using other services. 3. Market size comes from the number of startups and small businesses and the assumption that we will get around 100USD of fees per startup per month. 4. We will fix it and will hope for your help for this.
- philipkiely 8y agoThanks for the point-by-point response! As I said my email is in my bio and I hope to hear from you soon.
- yuriy_zaremba 8y agoWill do!
- rolleiflex 8y agoYuriy, this looks useful and I’ll take a look at these for my own startup, but one point of clarification that you guys might want to double check with a lawyer: not having a license does not mean that anyone can use it, it means that no one can use it. Licenses aren’t restrictions, they are grants. Without a grant, no one is allowed to do anything with them by default. You very likely need a license so your customers aren’t (technically) in violation. CC0 license is a straightforward one for these kind of situations, might be worth checking out. Per usual: not a lawyer, certainly not your lawyer, please double check with an attorney.
- yuriy_zaremba 8y agoWe will check this and clarify this from the legal perspective. Our attitude is, as I described: everyone can use it. We focus now on getting the best documents, we will definitely have no claims and we will clarify this from the legal point of view.