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Whatnot (YC W20) is a livestream shopping platform and marketplace backed by Andreessen Horowitz, Y Combinator, and CapitalG. We’re one of YC’s top companies and one of the fastest growing marketplaces ever. We’re laser focused on creating an exceptional software company, team, and place to work. You can read our principles here.
Our mission: enable anyone to turn their passion into a business and bring people together through commerce. We’re building the future of ecommerce; an interactive community where creators can make a living off their passion.
Did we mention we’re high growth? In January 2021, Whatnot had 10 ambitious employees. Today, the Whatnot team is 120+ employees and will exceed 300 by year end. We’re hiring forward thinking problem solvers across all functional areas. We recruit thoughtfully, can adapt quickly, and are scaling fully remotely.
📈 Opportunity Size
The e-commerce experience has been static for 20+ years and is perhaps the largest opportunity in the startup space today. Livestream shopping is a $170B GMV market in China and has grown 100% YoY. Retail is a $5T market opportunity!
💻 The Role
We’re looking for an outstanding Commercial Counsel who will be responsible for a wide range of day-to-day legal matters. Reporting to the Director of Legal, Commercial Counsel will be the second lawyer supporting the entire company and will be responsible for providing high quality legal and business judgment as well as drafting expertise on a variety of issues such as commercial contracts, general corporate matters, and compliance. Commercial Counsel will be involved in a variety of corporate legal projects as the company continues its exciting growth, building new products and expanding globally.
What you’ll do:
- Draft, negotiate, review, and interpret a broad range of agreements and provide risk assessments, as well as tactical & strategic advice to Whatnot’s business teams, with a primary focus of supporting platform and product partnerships, distribution, tech transactions and content and marketing deals.
- Educate business teams about contract forms, including recent contract best practices, common clause objections, commercial and legal risks and internal contract review and approval procedures.
- Evaluate and improve commercial legal systems, practices, and processes, including the contract lifecycle management platform
- Interact with product teams on new product commercial initiatives
- Support expansion into new markets and formation of subsidiaries
- Assist Director of Legal and partner with outside counsel on issues and matters as needed
👋 About You
- A JD from an accredited law school
- Admission to at least one US state bar or eligible to register as in-house counsel with at least one US state bar
- 3-5+ years of progressively responsible commercial legal experience. Experience at both a law firm and in-house is a plus but not required
- Prior experience supporting a heavy volume of commercial transactions across various business functions in a fast-paced environment
- Ability to internalize the business's priorities, think creatively, and translate legal requirements into actionable (and flexible) advice
- Organized self-starter with an ability to follow guidance carefully but provide independent input where appropriate.
- Outstanding analytical, communication, organizational, negotiation, and drafting skills
- Exercises great judgment!
🙏 Nice to Have
- Experience and familiarity with auction, giveaway and contest laws
- Experience drafting and reviewing data processing agreements and addendums
- Experience or passion for buying and selling in online marketplaces communities
🎁 Benefits
- Competitive base salary and stock options
- Unlimited Vacation Policy and No Meeting Holidays
- Health Insurance options including Medical, Dental, Vision, Life, Short term disability & Long term Disability
- Whatnot covers 99% of employee premium costs, and 75% of dependent care premiums for Medical
- Dental and Vision sponsored 100% by Whatnot for employees and dependents
- Work From Home Support
- Laptop provided by Whatnot and home office setup allowance
- $450 work-from-anywhere quarterly allowance for cell phone, internet, or co-working space
- Up to $500 monthly to spend within Whatnot App
- Care benefits
- $1,350 quarterly allowance on food
- $1,500 quarterly allowance for wellness
- Paid Parental Leave
- $20,000 for family planning, such as adoption or fertility expenses
💛 EOE
Whatnot is proud to be an Equal Opportunity Employer. We value diversity, and we do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, parental status, disability status, or any other status protected by local law. We believe that our work is better and our company culture is improved when we encourage, support, and respect the different skills and experiences represented within our workforce.
