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JH

Jake Heller

11/16/23

@ Y Combinator

I'm Jake Heller, co-founder of Casetext, which sold for $650 million earlier this year, marking a significant win in AI.

Video

YC

AI and the Future of Law: The 10 Year "Overnight" Success Story

@ Y Combinator

AI and the Future of Law: The 10 Year "Overnight" Success Story

11/16/23

Related Takeaways

YC

Y Combinator Cast

11/16/23

@ Y Combinator

Casetext represents a significant success story in AI, showcasing the potential for future advancements in the legal field.

JH

Jake Heller

10/04/24

@ Y Combinator

In the early days of Casetext, I aimed to bring the best of technology to the legal space, as I found the existing legal technology frustrating and inefficient.

YC

Y Combinator Cast

11/16/23

@ Y Combinator

Casetext's success stems from their grit and determination, as well as their ability to align their product development with customer needs.

JH

Jake Heller

11/16/23

@ Y Combinator

We started Casetext as a crowdsourced case law library, where users could edit and annotate legal documents, similar to a Wikipedia for law.

JH

Jake Heller

11/16/23

@ Y Combinator

Casetext reduces weeks of painstaking legal work down to just minutes, transforming the legal landscape.

JH

Jake Heller

11/16/23

@ Y Combinator

After gaining early access to GPT-4, we developed a groundbreaking product that allowed us to add millions of dollars in revenue monthly, demonstrating the transformative power of AI in legal work.

PH

Peter H. Diamandis Cast

05/24/25

@ Peter H. Diamandis

OpenAI is acquiring an AI device startup from Apple's Jony Ive for $6.5 billion, marking a significant move in the AI landscape.

AA

Alex Albert

06/11/25

@ Anthropic

Cursor has scaled to over $300 million in revenue within just over a year, indicating significant growth in the AI industry.

YC

Y Combinator Cast

04/25/24

@ Y Combinator

Investors are now more willing to fund AI-driven companies that compete with established players like Salesforce, indicating a significant shift in the market landscape.