This 30-Year-Old CEO Reveals the Surprising Reason Behind His Startup’s $11 Billion Growth

Winston Weinberg attributes the company鈥檚 $11 billion valuation to a unique mindset.

By Sherin Shibu | edited by Brittany Robins | Apr 20, 2026
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Key Takeaways

  • Harvey is an AI startup that develops solutions for legal professionals, like an AI assistant for drafting and research.聽
  • The startup鈥檚 30-year-old CEO, Winston Weinberg, attributes its $11 billion valuation to a mindset of learning aggressively from failure.
  • He says it鈥檚 important to take the time to analyze failures and determine what you got right and what you got wrong.聽

Winston Weinberg, the cofounder and CEO of AI legal startup , says the company’s growth to an comes down to one unexpected factor: failure.聽

鈥淚 think it鈥檚 really hard to figure this out without failing,鈥 Weinberg said on a recent episode of podcast. 鈥淵ou just have to fail a million times.鈥

Trained as an attorney, the 30-year-old founder began his career at a securities and antitrust law firm. In 2022, he walked away from that traditional path to launch Harvey, a company building AI tools for lawyers like a smart assistant for drafting and research. He has since from the OpenAI Startup Fund, Sequoia Capital and Kleiner Perkins.

SAN FRANCISCO, CALIFORNIA - APRIL 07: Winston Weinberg speaks onstage during the "Driving Long-Term Impact in an AI Economy" at the HumanX Conference San Franciso 2026 at Moscone Center South on April 07, 2026 in San Francisco, California. (Photo by Big Event Media/Getty Images for HumanX Conference)
Winston Weinberg. (Photo by Big Event Media/Getty Images for HumanX Conference)

The journey, however, has been anything but linear. A string of missteps and setbacks marked Harvey鈥檚 early days, and Weinberg says those failures fundamentally reshaped how he thinks about both success and defeat. For example, in early 2024, when Harvey was valued at around $700 million, Weinberg pursued a merger with a more 鈥渢raditional鈥 company. The deal ultimately fell through because Harvey would have had to take on too much debt to finance it. 

鈥淚 remember we had a week of just being like, What is the future of our company? And how do we build this?鈥 Weinberg recalled on last month. 

Weinberg isn鈥檛 afraid of failure, telling the Fortune Term Sheet podcast that 鈥渋t鈥檚 a very good way to learn.鈥

鈥淚t鈥檚 not just that you have to have a bunch of wins and then have a lot of failures. But you have to get good at taking some time to actually analyze: What did you do right? What did you do wrong?鈥 Weinberg explained. 鈥淢ost of that is destroying your ego 24/7.鈥 

Other founders put a positive spin on failure

Karim Engelmark Cassimjee, cofounder and CEO of chemical manufacturing startup , told last year that at first, his company created 鈥渟olutions looking for problems.鈥 

鈥淚n the company’s early days, we often developed what we thought were great solutions but proved very difficult or even impossible to sell,鈥 he said. 鈥淭hey may have been beautifully engineered, but did not provide as much value as we anticipated.鈥

Now, the startup has learned from its early failures and tries to engineer solutions that meet customer needs, he added. For example, the company manufactures active skincare ingredients for sustainable skincare products.

Another startup, , develops AI construction technology for workers. Early on, the company 鈥渇ailed an important demo,鈥 cofounder and CEO Meirav Oren told the World Economic Forum. 

鈥淥ur ability to stand up and to admit the price of that mistake ended up being a big win,鈥 he said. 鈥淎s an organization, we learned to look for our mistakes in all the steps prior to the demo. This created a level of accountability which supported the team members who were directly interfacing with the client as the demo failed.鈥

Oren said that within a few hours, his emotions evolved. He went from feeling 鈥渁 sense of complete failure鈥 to a sense of hope. 

鈥淚 realized that failure means learning something, and we learned a lot that day,鈥 he said. 鈥淲e also ended up winning that account, and the rest is history.鈥

Key Takeaways

  • Harvey is an AI startup that develops solutions for legal professionals, like an AI assistant for drafting and research.聽
  • The startup鈥檚 30-year-old CEO, Winston Weinberg, attributes its $11 billion valuation to a mindset of learning aggressively from failure.
  • He says it鈥檚 important to take the time to analyze failures and determine what you got right and what you got wrong.聽

Winston Weinberg, the cofounder and CEO of AI legal startup , says the company’s growth to an comes down to one unexpected factor: failure.聽

鈥淚 think it鈥檚 really hard to figure this out without failing,鈥 Weinberg said on a recent episode of podcast. 鈥淵ou just have to fail a million times.鈥

Trained as an attorney, the 30-year-old founder began his career at a securities and antitrust law firm. In 2022, he walked away from that traditional path to launch Harvey, a company building AI tools for lawyers like a smart assistant for drafting and research. He has since from the OpenAI Startup Fund, Sequoia Capital and Kleiner Perkins.

Sherin Shibu News Reporter

麻豆社 Staff
Sherin Shibu is a business news reporter at 麻豆社.com. She previously worked for PCMag, Business... Read more
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