Head of Commercial Counsel, Twelve Labs
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AI-enabled video understanding technology
Be an early applicant
AI-enabled video understanding technology
21-100 employees
Be an early applicant
More information about location
21-100 employees
Company mission
To build the best video understanding platform driven by leading perceptual-reasoning research
Role
Who you are
- Juris Doctor (JD) degree from an accredited law school and admission to the bar
- Minimum of 10 years of experience in commercial law, with a strong background in contracts, negotiations, and compliance
- Proven track record of managing complex commercial transactions and providing strategic legal advice to senior leadership
- Expertise in drafting, reviewing, and negotiating a wide range of commercial agreements, including vendor, customer, and partnership contracts
- Strong understanding of regulatory requirements and the ability to ensure compliance with relevant laws and regulations
- Excellent communication and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels
- Demonstrated ability to manage a team of legal professionals and collaborate effectively with other departments
- Experience in handling mergers and acquisitions, including due diligence, transaction structuring, and integration
- High ethical standards and a commitment to maintaining confidentiality and integrity in all legal matters
What the job involves
- The Head of Commercial Counsel will be a key member of our leadership team and will be responsible for overseeing all commercial legal matters.
- This role involves drafting, reviewing, and negotiating a wide range of agreements, including commercial, licensing, customer, employment, vendor, and partnership agreements.
- You will work closely with various teams from sales, finance, HR, and product to manage legal risks and ensure compliance with relevant regulations
- Lead the drafting, review, and negotiation of high-impact customer, licensing, and partnership agreements, aligning them with overarching business goals while mitigating risks
- Develop and manage an efficient contract life cycle to balance strategic business objectives with effective risk management
- Serve as a key advisor to Sales and Finance leadership, providing strategic guidance on complex commercial and financial operations
- Obtain and maintain a comprehensive understanding of the company’s products (current and emerging) and become a subject matter expert and advisor on relevant regulatory regimes
- Oversee the development and execution of a comprehensive compliance strategy, ensuring alignment with industry standards and regulations, including AI, privacy, security, and frameworks such as SOC 2 and GDPR
- Deliver training programs to internal stakeholders and establish policies and best practices for compliance
- Partner closely with technical, product, internal, and commercial teams to proactively manage risks, identify legal issues, and drive decision-making
- Provide strategic support during fundraising efforts, assist with due diligence, build data rooms, and ensure financing documents are accurate and complete
Our take
Developing an algorithm that can understand text or images is (relatively) straightforward. However, the challenge escalates when it comes to understanding video, where these modes merge with audio, and context becomes much harder to grasp.
Twelve Labs has developed a machine learning solution that tackles this challenge by making the inner content of videos both indexable for developers and highly searchable for users. This technology could prove immensely valuable, with use cases extending far beyond simple searchability for end users. It could be employed for more accurate monitoring of community guidelines on social media, enterprise knowledge searches, and a deeper understanding of the value of video content.
With recent funding under its belt, Twelve Labs is set for rapid growth. The investment will drive R&D, nearly double its workforce, and advance its video understanding technology. As it expands, Twelve Labs is well-positioned to lead the future of multimodal AI and revolutionize how organizations extract values from video content.
Steph
Company Specialist
Insights
Some candidates hear
back within 2 weeks
Company
Funding (last 2 of 5 rounds)
Jun 2024
$50m
SERIES A
Oct 2023
$10m
EARLY VC
Total funding: $77.2m
Company benefits
- Full health, dental, and vision benefits
- Extremely flexible PTO and parental leave policy. Office closed the week of Christmas and New Years
- Remote-flexible, offices in San Francisco and Seoul and coworking stipend
- VISA support (such as H1B and OPT transfer for US employees)
Company values
- Curiosity is power: The complexities of understanding videos present incredibly challenging problems. Curiosity fuels us to create technology that is not only adaptable but also exceptionally robust. Our products have unlocked a powerful new way for developers and enterprises to amplify their understanding of petabytes of data, and we are just getting started
- Embrace the underdog: We strive to be the best by championing innovation, resilience, and empathy. Failure does not intimidate us but encourages us to always speak up and try new things. In the face of adversity, we rally together, and it is our collective purpose that propels us forward achieving things as a team that exceed even our own expectations
- Thought leaders: We're not just part of the industry; we shape it. At Twelve Labs, you will immerse yourself in an environment brimming with creativity and forward-thinking. Each day presents an opportunity to gain invaluable insights, challenge conventional wisdom, and pioneer new frontiers as we push the boundaries of AI with our research
Company HQ
SoMa, San Francisco, CA
Articles
Leadership
Jae Lee
(Co-Founder & CEO)After Interning as a Software Engineer at Samsung and Amazon, they joined the Republic of Korea's Cyber Operations Command as a Lead Data Scientist. Co-founded Twelve Labs after this period of military service.
Aiden Lee
(Co-Founder & CTO)Interned at Korea Advanced Institute of Science and Technology (KAIST) as a Deep Learning Researcher. Completed their National Defense duty as an AI & ML Engineer in the Cyber Operations Command.
Sung Jun (SJ) Kim
(Co-Founder)Served for the Ministry of National Defense as a Lead Software Engineer in the Cyber Operations Command. Before this, they were a Cyber Security Research Scientist at Sungkyunkwan University.
Dave Chung
(Co-Founder)Previously a Project Team Lead at the Institute of East and West Studies (IEWS) at Yonsei University, focusing on the planning and development of the Korean Web 3.0 ecosystem (Funded by the Ministry of ICT).
Soyoung Lee
(Co-Founder)Worked in Risk Assurance for PricewaterhouseCoopers in Seoul before co-founding Twelve Labs.
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