This Week in Startups

Market dynamics, RIFs, and AI’s role in law with Becki DeGraw | Wilson Sonsini Startup Legal Basics

Jul 27, 2023

Becki DeGraw, a partner at Wilson Sonsini with expertise in startup legal matters, dives into the world of venture capital and law. She contrasts late-stage and seed-stage investing, exploring the resilience of valuations amid tech layoffs. DeGraw discusses the complexities of repricing stock options and the implications of RIFs in the modern workforce. Additionally, she highlights how AI is transforming the legal industry, enhancing efficiency while raising ethical concerns, and reshaping traditional administrative practices.

30:49

Creator website

Episode guests

Becki DeGraw

AI Chapters

Episode notes

Intro

4min

Navigating Valuation Challenges in Venture Capital

14min

Navigating the Challenges of RIFs in Today's Workforce

2min

Navigating Remote Work Challenges and Employment Compliance

4min

AI's Transformative Role in Law

5min

The Transformation of Legal Administrative Practices

3min

Today’s show:

Wilson Sonsini Partner Becki DeGraw joins Jason on the latest edition of Startup Legal Basics! In this episode, they discuss the contrast between late-stage and seed-stage investing (2:52), repricing stock options (5:48), the adoption of AI in the legal industry (23:29), and much more!

Time stamps:

(0:00) Wilson Sonsini Partner Becki DeGraw joins Jason

(1:19) The increase in tech layoffs and AI startups

(2:52) Late-stage vs. early-stage investing and the seed-stage value chart

(5:48) Repricing stock options when underwater

(14:05) Disclosing revenue, burn rate, and growth rate

(18:08) RIFs and knowing your employees

(20:57) The long-term effects of remote work

(23:29) The use of AI and chatbots in law

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