Common Paper is a contracting platform that helps startups close deals with their customers faster and with less risk. We create standard, open-source contracts for commercial transactions, including NDAs, DPAs, and sales agreements.
Common Paper is a Y Combinator company in the Winter 2023 batch. Its directory entry describes it as: The SAFE for commercial contracts. The founders listed are Benjamin Garvey (Founder), Jake Stein (Founder) (Y Combinator directory entry, December 15, 2022).
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Common Paper is a contracting platform that helps startups close deals with their customers faster and with less risk. We create standard, open-source contracts for commercial transactions, including NDAs, DPAs, and sales agreements. These are analogous to the SAFE, but are between customers and vendors rather than investors and startups. The standardized format means that data within contracts is structured from inception. We build software for managing standard contracts, accelerating sales cycles, and making the data within the contracts programmatically accessible to other business systems. Tens of thousands of people have downloaded our standard contracts, and 63% of the contracts on our system close within 24 hours.
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Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News
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