Web 2.0 comes to the legal profession with the launch of Avvo. I don’t have time to write a bunch now but it’s a very interesting and useful site.
Funded by Benchmark Capital among others, it’s a kind of Zillow for lawyers. The site has been in development for over a year and just went up this morning.
June 5, 2007 at 10:35 pm
It’s well done but I wonder about the amount of funding they got. Various sites talk about $10-14M. It seems like a lot of money for what amounts to a Web 2.0 lawyer directory site.
June 6, 2007 at 1:28 pm
New Way to Notice Site Launches
I noticed two site launches yesterday while testing TagTrends (details here). Clearly, people are so accustomed to typing keywords into …
June 6, 2007 at 2:28 pm
Re Sebastien’s comment: they did get quite a bit of money. We’ll see if it’s justified by usage. I suspect their strategy will need to adapt to build the traffic that will create a valuation their investors will want. However, if they succeed they’re a safe acquisition target.