81–90 of 348 posts
Earlier quoted context omitted.
What scam companies are worth trillions?
He thinks Tesla is a complete scam for one thing... Probably not a good idea to spend time on any of his comments.
Unrelated to open source, but DocuSign is literally one of the examples i list when explaining why the tech sector is over bought. They've tripled their market cap since the beginning of the pandemic, and while there is some merit to work from home, their moat is laughable. There are plenty of alternatives to DocuSign that should make share holders terrified... Adobe Sign, Panda Docs, HelloSign - i wouldn't even bet…
A better business would be to sell an API that is legally sound for signing documents. Then everyone could implement the functionality in their own tools as a feature.
Edit: see https://www.docusign.com/products/apis
My guess - DocuSign has a hard to penetrate moat: It's known and accepted in courts. Everything else doesn't really matter. Imagine you're a legal department. You have to choose between DocuSign, which you know the court will accept, or a competitor. DocuSign costs 10x as much as the competitor. But that's nothing compared to the cost of litigation, or worse, the cost of losing litigation. So you will likely choose D…
Earlier quoted context omitted.
A better business would be to sell an API that is legally sound for signing documents. Then everyone could implement the functionality in their own tools as a feature.
Docusign effectively does this with all of its integrations. If you run on Salesforce, it's really well integrated. And if not, they have a great API. You can programmatically generate an https link and send that to your customers as part of your existing workflow. You email them a link or even just open up a new tab / overlay a browser. They can log in with various SSOs, they sign the form, then come back to the nex…
Sounds like OP doesn’t understand the complexity.
My guess - DocuSign has a hard to penetrate moat: It's known and accepted in courts. Everything else doesn't really matter. Imagine you're a legal department. You have to choose between DocuSign, which you know the court will accept, or a competitor. DocuSign costs 10x as much as the competitor. But that's nothing compared to the cost of litigation, or worse, the cost of losing litigation. So you will likely choose D…
My guess - DocuSign has a hard to penetrate moat: It's known and accepted in courts. Everything else doesn't really matter. Imagine you're a legal department. You have to choose between DocuSign, which you know the court will accept, or a competitor. DocuSign costs 10x as much as the competitor. But that's nothing compared to the cost of litigation, or worse, the cost of losing litigation. So you will likely choose D…
Why would they be the only one ‘accepted’ in courts? For instance, when you buy a house you often have to use an escrow service to hold the down payment while the exchange of ownership takes place. Often, these escrow companies are just small local outfits. They are nevertheless trusted with a certain degree of authority and accepted as a neutral facilitator of these transactions by our legal system. In the US many (…
That's not what they said though, and while this sounds nitpicky it's vital to the point. You can choose between a well known accepted option or something else to save a few bucks. The cost of docusign is, as far as I can tell, low enough that even considering the question for long would easily cost more.
Docusign has competitors, but every company in the space has a powerful incentive to move upmarket instead of providing basic features to small companies.
Docusign has some content marketing that hints at all of the features they sell to large enterprises.
https://www.docusign.com/blog/what-is-contract-lifecycle-man...
My guess - DocuSign has a hard to penetrate moat: It's known and accepted in courts. Everything else doesn't really matter. Imagine you're a legal department. You have to choose between DocuSign, which you know the court will accept, or a competitor. DocuSign costs 10x as much as the competitor. But that's nothing compared to the cost of litigation, or worse, the cost of losing litigation. So you will likely choose D…
What moat? Does Docusign have some special legal status that I'm not aware of?