Peter Thiel-backed startup turns legal woes into dough Legalist, funded in part by Peter Thiel, is a startup based on the model of financing litigation in exchange for a portion of the winnings. The Y Combinator product willfocus on business tortsonly – for now.(Business Insider)
That has a chance of being a huge game changer, but also power that can be grossly misused. The word that comes to mind is, Fascinating.