“Each one of those things costs $365,000 plus other fees. So you want to do a thousand of them, that's $365 million plus all the cost of the pods.”
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Said on The a16z Show
Litigation funders in New Zealand, e.g., LPF, OmniBridgeway, Courthouse Capital · On Just Terms · On Just Terms S2 E13: Across the Tasman: New Zealand's class actions landscape with Bell Gully
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fund class actions and recover legal fees plus ordinary costs as project costs after judgment or settlement
“Each one of those things costs $365,000 plus other fees. So you want to do a thousand of them, that's $365 million plus all the cost of the pods.”
“Measure the return… might be cost savings, might be revenue growth, divided by both the labor cost and the token cost associated with that project.”
“The projections from Bain and McKinsey and all of the research houses that do analysis on the market is that it's going to continue to grow and explode to $20-plus trillion asset class.”
“After you figure out the fees, because this carries fees, and after you figure out the extra risk ... you might be just as well off owning ETFs”
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