A brief conversational excerpt from a YouTube video (recorded Aug 7, 2024) where speakers discuss Harvey AI for lawyers raising $100M at a $1.5B valuation and claiming to have tripled ARR since December—implying about $30M ARR two years after founding—and ask how that revenue sustainability compares to Clio in legal tech.
But when we look at that in context, Jason.
Yeah.
We then have Harvey AI for lawyers which raised 100 million at a 1.5 billion valuation. They say they tripled ARR from December, implying that they are at 30 million ARR today, two years from founding.
Yes.
What are the thoughts on on that sustainability of revenue, how that just compares compared to maybe Clio in the same space? What are your thoughts when you hear that?
Well, first of all, it is, you know, the rate at which some folks can grow in AI today. It really is breathtaking. It breaks the models. But then the, you know, when I talk with folks in legal tech that I know the objection and it's I, I don't think it's totally the Harvey it's with it's with a lot of folks in the, in the groups in the category which is that look, we're all going to do the same stuff.
