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Shoot, thanks for flagging the website. I think we have it working now but trying to make sure it stays up. For the Oracle example, big, old-school companies l

Shoot, thanks for flagging the website. I think we have it working now but trying to make sure it stays up. For the Oracle example, big, old-school companies like this are definitely the hardest to get onboard. However, there are examples of large enterprises adopting standard contracts, including: The biggest banks in the world trade derivatives using the ISDA master agreement (here's an example of Bank of America that they filed publicly: https://www.sec.gov/Archives/edgar/data/1065696/000119312511118050/dex101.htm https://www.sec.gov/Archives/edgar/data/1065696/000119312511...) The largest ad platforms and advertisers use the IAB standard terms, often with a short addition specific to their company (Here's an example from Disney https://disneyconnect.com/dpep/disney-ad-guidelines/ https://disneyconnect.com/dpep/disney-ad-guidelines/) We've already seen examples of Fortune 500 companies signing Common Paper agreements, and we're hopeful that it will become more and more accepted by them over time

gnicholas 3y ago
When you say Fortune 500 companies have signed your agreements, are these material agreements, or NDAs and small-dollar contracts? Or are they signing six- and seven-figure deals on your paper?
- jakestein 3y ago
  Some of them are six-figure deals. I don't personally know about any seven-figure deals, but we only find out about a minority of the use of the agreements. The NDA is definitely the highest volume agreement, however. And a lot more of the deals are for 10k than $300k.
  - bombcar 3y ago
    How much can you "see" of the contracts being signed? Is it a "we just promise not to look, much" or are they encrypted such that you need customer permission to view?
    - jakestein 3y ago
      We would not need a customer's key in order to access a contract. However, only certain members of our team have the ability to access contracts, and they only do that when needed for support or to fix a bug. We log all instances of accessing a customer's account. Stats like those I shared above are from a combination of what users tell us and from aggregated, anonymized metrics across our app.

gnicholas 3y ago

When you say Fortune 500 companies have signed your agreements, are these material agreements, or NDAs and small-dollar contracts? Or are they signing six- and seven-figure deals on your paper?

jakestein 3y ago
Some of them are six-figure deals. I don't personally know about any seven-figure deals, but we only find out about a minority of the use of the agreements. The NDA is definitely the highest volume agreement, however. And a lot more of the deals are for 10k than $300k.
- bombcar 3y ago
  How much can you "see" of the contracts being signed? Is it a "we just promise not to look, much" or are they encrypted such that you need customer permission to view?
  - jakestein 3y ago
    We would not need a customer's key in order to access a contract. However, only certain members of our team have the ability to access contracts, and they only do that when needed for support or to fix a bug. We log all instances of accessing a customer's account. Stats like those I shared above are from a combination of what users tell us and from aggregated, anonymized metrics across our app.