insurance industry

2 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Feb 9, 2015 by Thomas Jones · across every show →

Everything said about insurance industry, oldest first

Feb 9, 2015 bullish
Prediction Not checkable as stated
Thomas Jones predicts insurance is the next major industry for tech disruption
“Yeah, I think my answer there is probably insurance, and the reason is, and you know, it's a big area, it's boring, it has a lot of data you know, the kind of young startup kids don't tend to focus on it, they focus on retail things.”
Thomas Jones Feb 9, 2015 ▶ 23:48 20 VC 011: London's Early Stage Funding Scene with Thomas Jones
Jan 18, 2019 negative
Assertion Contradicted
Wand: Legacy backend costs made pre-cloud insurance startups financially unviable
“Anything you wanted to do in insurance, you needed to set up a full back-end system. I guess you could get companies like Guidewire, get Accenture, get Oracle Database Nine, or whatever was in that sense, you know, the options. That would have cost you hundred…”
Assaf Wand Jan 18, 2019 ▶ 5:11 20VC: Why Every Company Looks One Round Earlier Than It Should Be, Why Investors Don't Understand Term Sheet Psyche & How The Brand Behind The Investor Can Overweight The Attention Their Opinion Is Given with Assaf Wand, Founder & CEO @ Hippo
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