digital-transformation
SpaceX has been alluding its move public for a while, but it seems that the offering will finally be achieved this year. Here are the key stats to start: Current valuation = $800 billion IPO target = $1.5 trillion As you can see there is a significant $700 billion disparity between SpaceX’s current valuation and…
Blackstone and Vista Equity Capital’s acquisition of Smartsheet was announced on September 24th 2024; and the acquisition closed on January 22nd 2025, as Smartsheet was delisted from the New York Stock Exchange. Both PE firms own an equal equity stake in Smartsheet. The move to take Smartsheet private was an all cash transaction with a…
On the 27th of December 2023, The New York Times along with many major authors such as George R.R Martin and John Grisham, sued OpenAI and Microsoft in a multi district litigation in New York, (Case No. 1:23-cv-11106). Their allegation was that OpenAI had used copyright articles, books and other works without permission, to train…
The relationship between a fictional probate lawsuit written in the mid 19th century, and the cutting edge of artificial intelligence is far from apparent, but it might be increasingly pertinent. The satirical case embodied Dickens’ disgust of the Victorian legal system and its shortcomings, specifically that of the Court of Chancery. The multi-generational dispute is…
An exploration of Clifford Chance’s early adoption of AI, specifically the legal AI platform Harvey. What will the potential implications of the early implementation of AI in the legal space?