Venture capital, legal technology, innovation, start-ups, entrepreneurialism, investment management, accelerations funds, pre-seed funding, seed funding, series A, series B, series C.
Stephen Turner, the host of Lawyers of Tomorrow, interviews Tom Wilson, a qualified solicitor who is now investment manager at Seedcamp, a London based acceleration fund with over 170 investments focusing on accelerating pre-seed and seed stage companies and helping them reach product/market fit. Seedcamp is made up of a diverse team of founders, makers, operators, executors, investors and tech-enthusiasts who back world-class entrepreneurs before their success is known to others. As investment manager, Tom selects companies to invest in at their early stage of development.
Knowing that Tom is a big Newcastle fan, Stephen starts off the discussion by highlighting the three factors that venture capital funds look for in any legal tech project - team, technology and traction - by way of a light-hearted analysis of the almost perfect Newcastle football team of the mid-90s. That side had great players (team), a great style of play (technology) but it didn’t quite get the results (traction). Stephen asks Tom whether the absence of one of the three factors is likewise going to be fatal to a legal tech start-up. Tom thinks that team is arguably the most important thing but that all three will eventually be essential.
Tom and Stephen then discuss:
This is a fascinating podcast, with great advice and practical points for those interested in developing legal tech projects. Thanks to Tom and Seedcamp for taking the time out to speak to Stephen.
To contact Tom: [email protected] twitter: @tom_wills
Also, check out Tom’s blog https://medium.com/@taw where he writes about venture capital, start-ups and related topics.
To contact Stephen: [email protected] twitter: @stephenjturner
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