# Priya Sandhu, Founder & CEO at Schedwell (8-person SaaS, physical therapy scheduling) — read of LexiRisk, June 17 2026

> 7 years in startups, 3 as a founder. Currently trying to figure out if the MSA from our new EHR integration vendor is as bad as it looks.

## How I got here

Googled "vendor contract review checklist startup" at like 8:45am while waiting for the bus. I had just opened a 34-page MSA from a vendor and my stomach dropped at the indemnification section. I didn't want to spend $600 on a lawyer to tell me whether to panic. LexiRisk showed up third in results. Clicked it.

## What I clicked first

The hero pulled me in. "Stop Signing Blind Contracts" is blunt enough to feel honest. The three pain points below it are accurate: I have skipped legal review, I don't understand half the language, and I did once sign a vendor agreement that auto-renewed on me. The framing works.

What slowed me down was "AI-powered analysis built for founders, freelancers, and indie consultants." That list is doing a lot of work. Founders and indie consultants have very different contracts and very different risk tolerances. Felt like they were casting wide rather than knowing their person.

## Where I paused

The FAQ answer on accuracy: "LexiRisk flags 95%+ of common dangerous clauses." I stopped there. That number is doing exactly what vague precision does -- sounds rigorous, commits to nothing. 95% of what set? Tested on what corpus? Over what time period? If I'm uploading a 34-page integration MSA with a custom data processing addendum, I have no idea if that falls into your "common" bucket or not. The number sounds good and tells me nothing.

## What I distrusted

Two things.

First: at the very bottom of the page, tucked into what looks like a product scorecard, there's this line: "Honest disclosure: we don't have live customers on this idea yet." So when I was reading "LexiRisk was trained on thousands of real contracts," I was reading marketing copy for a product that hasn't actually shipped to real users. That's a different thing than I thought I was looking at. I thought I was evaluating software I could use today. I was actually reading a pitch deck for an idea.

Second: "Built by Wishdeal Studio." There's an "Adopt this idea / Unlock for $5 / Adopt for $99" section underneath the product. So this is... a studio selling the concept of LexiRisk? I genuinely don't know if I can go sign up right now or if I'm reading a prospectus. The page doesn't make that clear at all until you scroll past everything.

## What would convince me

If this were a real, live product: show me one founder who uploaded a contract that later went sideways, and tell me what LexiRisk flagged versus what actually caused the problem. Not a testimonial blurb. A short before-and-after. "She uploaded an MSA. LexiRisk flagged the indemnification clause as high-risk. She pushed back on it. The vendor agreed to cap liability at 2x fees." That's a story I can reason about.

The 95% number needs a denominator. Trained on what? Clause types from which industries? When was the training data last updated? Legal language evolves, especially around data processing and AI liability.

## What I'd ask in an email reply

1. The page says you have no live customers yet. Are you building this now, or is the product already functional? Can I actually upload my contract today?

2. The indemnification section in the MSA I'm looking at has a data breach carve-out that puts unlimited liability on us. How does LexiRisk handle contract-specific risk context versus generic clause flagging?

3. Who built this? I see "Wishdeal Studio" but nothing about legal background, law firm partnerships, or even which jurisdiction your training data covers. Are there lawyers involved in this at all, or is it purely an ML product?

## Verdict: on-the-fence

If this is a real, working product I can use today, I'd probably pay $19 right now to upload my MSA and see what comes out. But the "no live customers" disclosure and the studio-selling-an-idea framing made me feel like I arrived at a restaurant and found out they're still looking for a chef.

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*Memo by skeptic persona, generated 2026-06-17. Studio breaks own self-grading loop.*