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If you've ever overpaid for a legal document, sign up for Docracy, First Round's newest investment

This is going to be BIG.

After funding GroupMe out of last year's Techcrunch Disrupt Hackathon in NYC and Docracy this year, it won't take long for people to catch on to First Round's secret plan--to get invited to judge every single hackathon in the country. That's why it has to charge for its documents. I can't wait until next year!

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How AI Is Disrupting the Legal Industry

Entrepreneurs' Organization

Computers allowed lawyers to produce, store, and edit legal documents more easily. However, as AI develops, there are several disruptions that threaten to minimize the role of humans in the legal world. AI is already so developed that a layperson can use it to fight a parking ticket, create legal documents, and even commence lawsuits.

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Why Docracy is the Most Revolutionary Company of Our Time

This is going to be BIG.

Docracy, born out of Techcrunch Disrupt's 2011 Hackathon, just brought legal negotiations into the cloud with their new Super Signing feature release. Anyone who has ever e-mailed various versions of Word documents to a lawyer or counterparty has experienced the pain. They suggest changes and discuss best practices.

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Dropbox to acquire secure document sharing startup DocSend for $165M

TechCrunch

Dropbox announced today that it plans to acquire DocSend for $165 million The company helps customers share and track documents by sending a secure link instead of an attachment. DocSend raises $8M for smarter document sharing. Meanwhile, DocSend participated in 2014 at TechCrunch Disrupt in New York City.

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The Changing Venture Landscape

Both Sides of the Table

The world around us is being disrupted by the acceleration of technology into more industries and more consumer applications. What used to be an “A” round in 2011 is now routinely called a Seed round and this has been so engrained that founders would rather take less money than to have to put the words “A round” in their legal documents.

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Theneo wants to bring Stripe-like API documentation to all developers

TechCrunch

A new company is taking a leaf out of Stripe’s API playbook with a platform that makes it easy for any company to create clear API documentation, while also allowing non-technical team members to contribute to the process. Getting the API documentation right is imperative, which is where Theneo is hoping to make its mark.

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What I did on my summer vacation: The First LP Close ($3.5mm) of Brooklyn Bridge Ventures

This is going to be BIG.

A significant amount also came from KEC holdings, a NJ based family office led by Jeff Citron, who is known for using technology to disrupt a number of industries. The company makes direct and indirect investments across a broad spectrum of asset classes.

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