Paul Lee is the CEO & Co-Founder of Patlytics.

Patlytics is a state-of-the-art patent intelligence platform powered by a generative AI engine. Their cutting-edge LLMs and advanced techniques are bespoke to intellectual property and drive 80% more efficiency for IP workflows including patent generation, claim charts, infringement detection, classification and more.

Patlytics recently announced $4.5M in seed funding led by Gradient, Google's AI-focused venture fund, with participation from 8VC, Joe Montana’s Liquid 2 Ventures, Tribe Capital, Vermilion Ventures, Gaingels, Alumni Ventures, Position Ventures and several undisclosed angel investors including select partners from premier law firms and Datadog President Amit Agarwal.

Takeaways

Starting his career working at Peter Thiel's Mithril with Alex Kolicich (previous guest), Joe Lonsdale and JD Vance
His founder experience and working at Google
Working in VC at Global Founders Capital and Tribe Capital
Starting Patlytics and why AI is transforming the legal tech landscape
How Paul raised $4.5M without a deck
Customer discovery process and building an understanding of a new market
Understanding IP and patents
AI's role in enhancing product value
Co-Founder relationships


Chapters
00:00 Paul Lee's Journey: From Silicon Valley to Founding Patlytics
09:54 The Shift in Legal Tech: Embracing AI and Innovation
14:54 Understanding Intellectual Property: Challenges and Opportunities
20:00 Building Trust: Assembling a Founding Team
25:01 Raising Capital: Focus on Business Over Decks
30:02 Customer Discovery: Learning from Conversations
35:09 AI's Role in Enhancing Product Value
39:45 Navigating Challenges: Reflections from a Venture-Backed Founder

Keywords
Paul Lee, Patlytics, venture capital, legal tech, AI, intellectual property, startup journey, customer discovery, founding team, fundraising

Ver todos los episodios