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0 pointsvoakbasda3y ago0 comments

I believe that Docusign helped to draft parts of that legislation. They are a deeply entrenched player that has made regulatory capture part of their strategy. Disrupting them will be hard to impossible for that reason alone.

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user39393823y ago

I have a lot of experience implementing software for a heavily regulated industry. The first challenge is, because of the legal architecture -- go study and diff the legal code for each of the 50 states to implement a tool like this, also, track all the updates to those laws.

I wouldn't be surprised by DocuSign's involvement as you describe, we have the same corruption in every industry, justified always by the same excuse "They're the experts! Who else would we (congress) ask?" I don't believe the ignorance of the massive conflict of interest in this approach is a coincidence but I digress.

bombcar3y ago

Also remember that the way DocuSign works it is the company paying for it, not the people signing. That makes it even harder to disrupt, because the "great majority of users" are used to the DocuSign workflow and aren't paying and have no incentive to change.

ghaff3y ago

And while I'm sure DocuSign is a very profitable product line, I also suspect that for many companies that use it (like financial firms) its cost is somewhere around their paper clip budget.

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