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its a [...] product and the only reason I use it is because my firm trilegal has a subscription else I would anyday use Claude
yep just fyi same thing has happened w this other startup august something
August is a well established and proven legal AI. Not comparable with a small start-up
yep but they've done similar lay offs and r bleeding money
"Had all employees sign an agreement that has a blanket non-disparagement clause." dafuk.
Lol angel investors are not sophisticated at all. No wonder they're in such a situation. These angels won't be reminding them of the basics of runway and gross margin
This is what happens when you claim that your round was led by an institution when it clearly wasn't. Let's see if the angels save them now
What is this if not ▮▮▮ wasting funds on marketing and design instead of building something of value

If either of the founders practiced law ▮▮▮, they would know that lawyers need something useful, not just another shiny wrapper
Plus it all makes sense if you actually knew these guys lol. More bark than bite always
How did they mess up their finances so badly? Hope they make a come back
Guys had all the money to open and flex a fancy downtown manhattan office and take potential clients out to fine-dine but forgot the product they're building needs money too. Should be a lesson in financial prudence and planning to every budding founder ahead.
I never understood why someone would pay for an Indian AI when a free foreign AI does the same (or a better) job? Lucio was destined to fail. No surprises here.