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For 5 years he struggled to get traction. Then with AI he grew 12x— in 1 year | Scott Stevenson, co-founder of Spellbook

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Manage episode 405790700 series 3298391
Content provided by Mistral.vc. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mistral.vc or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Spellbook is ChatGPT for lawyers. They've raised $30M in the last 6 months. They now have over 2,000 law firms as customers. But it wasn't a straight line-- it took Scott 6 years to get here.
For the first 5 years, Scott worked on a legal tech platform called Rally. During that time, Scott along with his co-founders and their small team ran hundreds of experiments, pushed dozens of landing pages and built a process to test feature after feature.
In this episode, Scott goes through his process to test product-market fit. It was because of this process that he was able to jump on the AI-enabled opportunity and grow 12x in one year.
Send me a message to let me know what you think!

  continue reading

Chapters

1. For 5 years he struggled to get traction. Then with AI he grew 12x— in 1 year | Scott Stevenson, co-founder of Spellbook (00:00:00)

2. The idea of Rally (00:01:31)

3. The First Product (00:04:08)

4. Experiment to Measure PMF (00:07:18)

5. PMF Should Feel Like a Physical Reaction From Customers (00:15:49)

6. Having Faith in the Product and the Ability to Abandon Ideas (00:17:43)

7. The Introduction of AI into Spellbook (00:21:05)

8. Basing Next Feature On Pattern Matching (00:28:12)

9. The Growing Feature List Weighs You Down (00:35:25)

10. One Piece of Advice (00:39:46)

97 episodes

Artwork
iconShare
 
Manage episode 405790700 series 3298391
Content provided by Mistral.vc. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mistral.vc or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Spellbook is ChatGPT for lawyers. They've raised $30M in the last 6 months. They now have over 2,000 law firms as customers. But it wasn't a straight line-- it took Scott 6 years to get here.
For the first 5 years, Scott worked on a legal tech platform called Rally. During that time, Scott along with his co-founders and their small team ran hundreds of experiments, pushed dozens of landing pages and built a process to test feature after feature.
In this episode, Scott goes through his process to test product-market fit. It was because of this process that he was able to jump on the AI-enabled opportunity and grow 12x in one year.
Send me a message to let me know what you think!

  continue reading

Chapters

1. For 5 years he struggled to get traction. Then with AI he grew 12x— in 1 year | Scott Stevenson, co-founder of Spellbook (00:00:00)

2. The idea of Rally (00:01:31)

3. The First Product (00:04:08)

4. Experiment to Measure PMF (00:07:18)

5. PMF Should Feel Like a Physical Reaction From Customers (00:15:49)

6. Having Faith in the Product and the Ability to Abandon Ideas (00:17:43)

7. The Introduction of AI into Spellbook (00:21:05)

8. Basing Next Feature On Pattern Matching (00:28:12)

9. The Growing Feature List Weighs You Down (00:35:25)

10. One Piece of Advice (00:39:46)

97 episodes

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