A Startup Is Automating the Lawsuit Strategy Peter Thiel Used to Kill Gawker

Did you look at Peter Thiel’s systematic destruction of Gawker via the American legal system and think “Wow, it’s too difficult to extract money from corporations and people using the courts?” Did you think, “Why don’t I try that?” If you answered yes to either question, there’s a startup you should meet. Legalist is a Silicon Valley startup that was developed in the Y Combinator incubator offering “data-backed litigation financing” using algorithms to “analyze millions of court cases to source, vet, and finance commercial litigation.” It’s the latest in a series of companies that allow third parties to “invest” in the success of a lawsuit, by funding said lawsuit.

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