Insight certainty 4/5 debate potential 3/5

Free online startup resources are more valuable than a $100,000 MBA

Ashish Walia · 20 VC FF 019: 500 Startups Week: Life As A 500 Startups Portfolio Company with Ashish Walia, Co-Founder @ LawTrades · Oct 30, 2015 · at 9:42

Ashish Walia is the co-founder and COO of LawTrades. He explains how self-directed learning from startup podcasts, blogs, and online lectures provided him more practical founder knowledge than a business degree.

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“It's better to learn from these resources than it is to just go out and pay, you know, a hundred grand for an MBA.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Ashish Walia

Assertion Partly supported
High-level corporate law firms charge $600 an hour for routine work
“You're stuck paying almost 600 dollars an hour for some high level law firm for routine legal work”
Ashish Walia Oct 30, 2015 ▶ 2:30 20 VC FF 019: 500 Startups Week: Life As A 500 Startups Portfolio Company with Ashish Walia, Co-Founder @ LawTrades
Insight
Everyone inside a traditional law firm wants to leave
“When you Join a law firm. It's something that everyone on the outside wants to get into it, but everyone on the inside of that law firm wants to leave.”
Ashish Walia Oct 30, 2015 ▶ 4:16 20 VC FF 019: 500 Startups Week: Life As A 500 Startups Portfolio Company with Ashish Walia, Co-Founder @ LawTrades
Opinion
Law school inherently fails to teach students how to be entrepreneurial
“Inherently, law school does not teach you to be entrepreneurial at all.”
Ashish Walia Oct 30, 2015 ▶ 11:03 20 VC FF 019: 500 Startups Week: Life As A 500 Startups Portfolio Company with Ashish Walia, Co-Founder @ LawTrades
Opinion
Y Combinator seeks product engineers while 500 Startups prefers community hustlers
“I think it seems like YC tends to have more product focused engineers, you know, that they're looking for, and 500, you know, there's an interesting thing that I'd love for you to link up to, is there's a core question where Dave McClure really writes about th…”
Ashish Walia Oct 30, 2015 ▶ 16:48 20 VC FF 019: 500 Startups Week: Life As A 500 Startups Portfolio Company with Ashish Walia, Co-Founder @ LawTrades
Prediction Not checkable as stated
LawTrades aims to become the world's largest virtual law firm
“The biggest thing that I hope to accomplish with this is to sort of be the biggest virtual law firm that decentralizes the existing model and creates the most affordable scalable and efficient solution for people that are looking to handle their legal work.”
Ashish Walia Oct 30, 2015 ▶ 22:00 20 VC FF 019: 500 Startups Week: Life As A 500 Startups Portfolio Company with Ashish Walia, Co-Founder @ LawTrades
Assertion Not checkable as stated
DIY legal services cost founders more long-term due to mistakes
“Do it yourself legal service, which ends up costing a lot more money down the road to fix all the mistakes”
Ashish Walia Oct 30, 2015 ▶ 2:30 20 VC FF 019: 500 Startups Week: Life As A 500 Startups Portfolio Company with Ashish Walia, Co-Founder @ LawTrades
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