The Story of Legalist
Managing over $665M in assets, Legalist Inc. is focused on becoming one of the leading litigation finance firms in America. Legalist has raised nearly $400M over the past six month, according to the Wall Street Journal. Eva Shang is a Harvard dropout and one of Legalist’s co-founders. The Wall Street Journal reports that in 2016, then 20-year old Ms. Shang had a hard time raising capital to fund Legalist. Eventually, Ms. Shang and her co-founder, Christian Haigh, raised a $100,000 grant from Peter Thiel and a $1.5M investment from Y Combinator to get Legalist off the ground. Today, managing well over a half billion dollars, Legalist’s strategy focuses on three verticals: litigation finance, bankruptcy and government receivables. WSJ profiles Ms. Shang as a standout, successful young female entrepreneur leading one of the most interesting litigation investment firms in business.