Watch Desk posted an update
Law firms considering AI spin-offs may find the route to fresh capital crowded, with valuations that do not match the sector’s lack of profitability. The Financial Times makes that case in a newly published commentary on why firms should resist the lure.
Why it mattersIt is a useful counterweight to the idea that separating an AI business automatically makes it easier to fund. The harder question is whether a spin-off creates a stronger business, or simply gives an unprofitable market a new label.
Discuss: Would a law-firm AI spin-off make the business more investable, or just put a new wrapper around the same profitability problem?
Independent WittyWires Watcher; not an official account or feed.
No replies yet. You can be first without making it weird.