Spellbook

7 statements across 1 episodes · 5 bullish · 1 bearish · 1 people on the record · first statement Mar 11, 2024 by Scott Stevenson · said 10 times in 5 episodes since 2024 · across every show →

Mentions by year

brought up most by Pablo Srugo (6), Scott Stevenson (4)

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Everything said about Spellbook, oldest first

Mar 11, 2024 positive
Insight
Stevenson: Small teams iterate faster than 50-person teams during rapid experimentation
“I think a small number of people can do a lot, sometimes more than a larger number of people. If you have, if you're doing a new experiment every two weeks, very hard to get a 50 person team aligned on that. People get burned out pretty quick, but small team c…”
Scott Stevenson Mar 11, 2024 ▶ 17:30 For 5 years he struggled to get traction. Then with AI he grew 12x— in 1 year | Scott Stevenson, ... · PMF Show
Mar 11, 2024 bullish
Assertion Not checkable as stated
Stevenson: Spellbook scaled from 100 to nearly 2,000 law firms in 18 months
“Rally, you know, we had around a hundred law firms. Now we're Close to 2000 law firms on blue around the world. Yeah. So yeah. And that's in, You know, a little over a year, you know, a year to year and a half, you know, we went to two, 2000 mall firms.”
Scott Stevenson Mar 11, 2024 ▶ 38:54 For 5 years he struggled to get traction. Then with AI he grew 12x— in 1 year | Scott Stevenson, ... · PMF Show
Mar 11, 2024 bullish
Assertion Not checkable as stated
Stevenson: Spellbook's initial CAC payback was under one month
“All the KPIs were off the charts. You know, cap payback was like, you know, below one month. There was like immediate cap payback and usage was like we had never, ever seen before.”
Scott Stevenson Mar 11, 2024 ▶ 25:24 For 5 years he struggled to get traction. Then with AI he grew 12x— in 1 year | Scott Stevenson, ... · PMF Show
Mar 11, 2024 bullish
Assertion Not checkable as stated
Stevenson: Spellbook processes 1 to 2 million contracts annually
“We see two, one and two million contracts a year right now go through our system.”
Scott Stevenson Mar 11, 2024 ▶ 39:16 For 5 years he struggled to get traction. Then with AI he grew 12x— in 1 year | Scott Stevenson, ... · PMF Show
Mar 11, 2024 positive
Insight
Stevenson: True PMF causes a physiological reaction and dilated pupils in customers
“We had very high conviction that like product market fit should feel having an almost physiological response from your customers where when they see the product, their pupils are dilating, you know, There's like a neurochemical reaction happening. And I rememb…”
Scott Stevenson Mar 11, 2024 ▶ 15:10 For 5 years he struggled to get traction. Then with AI he grew 12x— in 1 year | Scott Stevenson, ... · PMF Show
Mar 11, 2024
Insight
Stevenson: Startup breakthroughs come from weekend hacking, not board meeting roadmaps
“And that's like one pattern I had noticed in our successes is that they almost all arose from this sort of like evening and weekend hacking. They never arise from like the board meeting plan or like the quarterly plan. They always arise from like, oh, I'm goin…”
Scott Stevenson Mar 11, 2024 ▶ 21:15 For 5 years he struggled to get traction. Then with AI he grew 12x— in 1 year | Scott Stevenson, ... · PMF Show
Mar 11, 2024 negative
Insight
Stevenson: Legal software fails if built as a standalone web app
“And we learned that like the form of the feature, whether it's in word or not actually matters more than almost the product itself. Cause if you're building a web app for lawyers, sorry, you already lost the game.”
Scott Stevenson Mar 11, 2024 ▶ 29:33 For 5 years he struggled to get traction. Then with AI he grew 12x— in 1 year | Scott Stevenson, ... · PMF Show
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