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by simonista 1257 days ago
I'm excited to see where this goes because I think it is a cool application of AI. That said, two of the first three paragraph summaries are wrong in this example:

> [Investor Name] gave [Company Name] the right to certain shares of its Capital Stock in exchange for [Amount] on [Date].

This is backwards

> The Post-Money Valuation Cap is a number that is written in Section 2.

This isn't true, the number is here, "additional defined terms" are later.

1 comments

It's anywhere from slightly to very wrong for each section. Pretty cool as a tech demo but definitely should not be used to understand a legal document.