The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 13 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Haroun: Eudia and TextIQ acquired 90% of customers through cold emails
“Both with TextIQ, my last company and with UDM, my current company, we've gotten 90% of our customers from cold emails that I've sent.”
Haroun: Eudia's $100K Series A legal work now costs $1,000 with AI
“We even paid a 100,000 dollars to our law firms for our series A legal documents, right? And I now know that work can be done for a thousand dollars.”
Haroun: Acquiring a legal services firm sped up sales by 50-80%
“We were suddenly signing up their customers at sales cycles that were like 50, 80% faster than if we'd gone to one of those customers on our own.”
Haroun: Eudia grew from $2M to $20M ARR in 12 months
“In the last 12 months we went from two to twenty million ARR.”
Haroun: About a dozen competitors copied Eudia's AI law firm model
“Since we launched our AI native law firm, there's been like a dozen people who are now doing this and it's obviously becoming like a more and more crowded space.”
Haroun: Acquired legal services provider served OpenAI, Stripe, and Citibank
“It's a legal services company. They have legal professionals who are acting as an extension of the in-house teams of OpenAI, Stripe, Citibank.”
Haroun: Eudia capped customers at 10 and 20 before scaling to 60
“First year, only 10 customers. Second year, we expanded it to 20. And then in September of this past year, we were like, okay, we're now seeing across all 20 a lot of repeatability, and it's basically the same platform and the same solutions that are now scali…”
Haroun: Enterprise legal budgets split evenly between law firms and internal staff
“What I've seen for the in-house enterprise legal team, which is where we've only ever sold, we haven't sold to law firms, is There's a high standard deviation, but call it roughly 50% of the budget goes to law firms, 50% goes to the internal headcount, right, …”
Haroun: Eudia boosted AI model F1 scores to 95% in three weeks
“Within three weeks, we were seeing these like crazy performance improvements from like 50 to 95% F one score and efficiency gains that were very palpable.”
Haroun: Eudia raised a $6M seed round from Mike Maples at ideation
“Yeah, we raised a small, like, well, not small by all standards, but like a six million dollar seed round. That was Mike Maples, who's a longtime mentor, and back to my last company, you know, he basically not only funded this when it was like an idea on a nap…”
Haroun: Eudia raised Series A in two tranches, first was $30M
“Towards the end of 24. And then we did it in two tranches. So the first tranche was like thirty million more for just purely supporting the organic growth.”