Cooley LLP

And I am pleased to welcome to the program today our co-host and ICANN advisory board member, Rodrigo Seira.

Rodrigo is a partner at Cooley and a co-author of his firm's analysis of a predecessor topic to the one we're going to talk about today.

But it kind of kicked off the issue for the topic we're going to talk about.

Rodrigo, thank you for joining.

Let's maybe shift a little bit to that topic.

So you alluded to blockchain and tokenization securities.

And the Cooley Alert you guys put out in January or earlier this year on the January staff statement drew a line between issuer-sponsored tokenization, where the blockchain is part of the issuer's master security holder list, and third-party structures, where the token is really a claim against an intermediary.

The proposal writes that distinction into a certain form for transfer agents.

Previously, Shannon was CFO at Wing, which is Alphabet's drone subsidiary, and held CFO roles at Reputation.com, InsideSource, and senior financial roles at Cumulus Media.

She began her career at KPMG and Cooley LLP, a 2025 NACD directorship honoree, one of Silicon Valley's 100 most influential women.

Shannon serves on the board of Neskow Systems, SoFi Bank, Lazy Dog Restaurants, and Silicon Valley Community Foundation, and on the NASDAQ Center for Board Excellence Advisory Council.

Outside of her board and operating work, Shannon is a host of a leadership podcast, No Boxes, Just Versus, an award-winning documentary film producer, a Tony-nominated Broadway producer.

Kevin Durant getting meaningful exits on Hugging Face.

I used to practice corporate law at Cooley in their headquarters in Palo Alto.

And fresh out of law school, we were there in 2017.

And we used to joke around that and saying that the Golden State Warriors, their day job is basketball, but they're going to have generational wealth by virtue of getting access into these early stage investment opportunities.

But I found articles, including a New York Times article that described the horrific nature of what they were experiencing.

And so for me personally, part of my modus operandi has always been ensuring that you know one our family doesn't regress doesn't go back to experiencing that lifestyle and two make sure as many people along the way i can get out of those circumstances as well so you know for me personally i've been grateful very comfortable growing up because the hard work my parents have put in and that's led to kind of guided me through pursuing a professional degree in law and leveraging that in the greatest wealth generation asset class that is early stage investing and trying to bring as many community members as possible along the way.

I got to actually represent, I was part of the Snapchat team when I was at Cooley.

I was part of the legal team that represented Snapchat in their IPO.

Let's do kind of something a little bit different in this next group and do a bit of a quick fire of a bunch of different big law stories, all of which are important, but maybe we've talked about previously.

You wrote, Stacey, about Cooley.

What's going on with them? Cooley is announcing a Milbeck match tomorrow.

For for associate salaries.

Very exciting.

It's part of that overall story about what's going on at the firm and the industry.

But I do think that there's something to be

said about Cooley and making the announcement.

Because at that time, I'm reading about books on how to start companies, and I'm trying to figure out, you know, how to go raise money and, you know, what's a venture capitalist and how do you incorporate the company and so those kind of things.

Uh, pretty soon, uh, I met a, I met a, met a lawyer, went to a, went to a law firm called Cooley Godward, and, um, uh, they helped us incorporate the company.

Uh, and, um, uh, the amount of money that he, he, he says, um, you know, "We need, we need some money from you so that we could price the shares and also to incorporate the company." So he says, "How much money do you have in your pocket?" I said, "Two hundred dollars." So he says, "Okay, give me $200." I gave him $200.

And, um, uh, for $200, uh, I bought, um, uh, 15%, I think it was 20% of NVIDIA.

Welcome to Fresh AI Futurescape Friday.

Today, we're exploring a fascinating new collaboration between Cooley and Google.

Announced just yesterday, this partnership aims to develop a Gemini Enterprise AI agent specifically for document redaction, marking a broader trend where major tech firms are increasingly stepping into the legal tech space.

That's right.

The legal industry is witnessing a transformation with AI technologies becoming integral to workflows.

Cooley's collaboration with Google is a prime example of how AI can streamline complex tasks like document redaction, which traditionally requires meticulous human effort.

The focus here is on creating an enterprise-grade AI redaction tool.

This means the AI will be robust enough to handle the demands of large-scale legal operations, ensuring accuracy and efficiency.