Everything Sondre Rasch said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Rasch: Fully remote companies will outcompete non-remote rivals for global talent
“The ability to hire the best in the world that is the kind of economic thing that I think will, you know, ensure that the companies that are remote will outcompete those who aren't, because they will essentially hire the best in the world versus, you know, the…”
Rasch: SafetyWing pays all employees a global flat salary regardless of location
“Well, so we have opted for a flat, you know, the argument for it would go something like this, you know, remote has made the world into a global labor market and most people just haven't realized that yet... So we say we chose to kind of like skip to the end o…”
Rasch: Global compensation for top talent will converge on Bay Area rates
“So that might be what will happen, that we will converge on the top talent on, on the Bay Area salary.”
Rasch: US medical provider networks drive the majority of health insurance costs
“The medical provider networks in the US charge a very high price and internationally medical provider networks have chart have no price, but it's like a majority of the cost of insurance.”
Rasch: Traditional local social safety nets fail cross-border remote workers
“The Internet labor market, like. You know, it's global, goes across borders, but all the infrastructure that supports the labor market, it kind of works as if it's local. And so a lot of the infrastructure does, just doesn't work, right? So it's like, if you'r…”
SafetyWing generates roughly $2 million in monthly revenue
“Like twice as much. Yeah.”
Rasch: SafetyWing closed its Series B at a $195M post-money valuation
“I think the like post when valuation was like one 95.”
SafetyWing launched B2B insurance dashboard in 2020 after 100 inbound requests
“A lot of companies reached out and said, Hey, this nomad thing, the global health insurance, that looks cool. I want to buy that for my global team. And then we said, after we got that request a hundred times, we said we got to build it. So we made a dashboard…”
SafetyWing is developing a direct-payment card for medical purchases
“We are making later this year hopefully we'll be ready, something called like a save to win card so that you can pay then at the point of purchase with the save to win card. So even if you're not referred there by us you don't have to pay out of pocket”
SafetyWing counts approximately 25,000 active policies per month
“Active policies like last month is I thought 25,000.”
SafetyWing doubled its revenue in 2022 compared to 2021
“We've doubled. There's a 2022 versus 21. I looked it up the other day.”
SafetyWing grew 3x in five months after introducing COVID-19 coverage
“First, it was very bad because a third of our customers evacuated and we lost them. So how a huge drop. And then, but then come August in 20, 20, we had this massive growth three X in five months. Due to introducing COVID coverage”
Rasch: SafetyWing has raised a total of $53 million in capital
“We have raised, so we've raised a total of fifty three million dollars, actually quite a bit through a series run, so we raised, we did Y Combinator in 2018, seed run three and a half, 2019 in 2020 series A eight million, and now in 2020 series B thirty five m…”
Rasch: SafetyWing employs 180 people across 70 different countries
“We're a 180 people from 70 different countries.”
Rasch: Most SafetyWing health insurance sign-ups previously had no health insurance
“When we ask people who, you know, sign up for our health insurance, what they had before the most common answer is still nothing.”
Rasch: 50 countries have implemented digital nomad visas since 2020
“We didn't invent it, but we've been this like promoter of this nomad visa thing, which the first country implemented it in 2020 Barbados. Now, 50 countries have implemented it.”
SafetyWing crossed $1 million in revenue in its first year
“We launched in 2018. So, 2017 was just when I started tinkering with that idea. 2018 was when we launched. It was about a year, a little over a year, yeah.”