Online Contract Negotiation. www.clearcontract.com (sorry, landing page needs work). We are in a Microsoft incubator in Seattle. This idea came out of a I-Banker needing to solve his own problem and selling the solution to his own firm. We think the ideal market has these characteristics: 1) lots of transactions that require a contract for money to change hands 2) need to negotiate contracts often 3) lots of counter party risk/ downside risk We think that means: Real estate (commercial, residential, bank owned) Finance (hedge funds, private equity, I-banks) Lawyers (general counsel) Procurement, Import/Export
Many of the target groups you listed have their own proprietary contract processes/apps in place.
Low hanging fruit may be independent consultants, freelancers, and small business owners. They deal with contracts all the time.
If you are going to continue targetting real estate, financial, and legal firms; take a few hours and interview those you have contact within those fields. I guarantee they have frustrations with their existing program and would give you an ear-full to position your product correctly.
I'd love to help more, if you have another question, or want more specifics, feel free to book a call with some times you are available to connect.
To your success,
-Shaun
Answered 10 years ago
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