Matt Sweetwood discusses the co-founder structure and cap table arrangement of Insurious.us with Nathan Latka.
0:00 / 0:03exact quote · 3.4s
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“We're all equal partners, but I have the loudest mouth.”
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More from Matt Sweetwood
AssertionContradicted
No competitor offers online equipment insurance policies in seven minutes
“There's essentially no place you can go sign up and have a policy in about seven, eight minutes, right? You don't have to speak to anybody. You just sign up basic information and you actually get the policy.”
Matt SweetwoodApr 24, 2021▶ 7:06Camera Insurance as Beachhead to SaaS Play? 100 Customers Already.
AssertionNot publicly verifiable
Insurious claims its policies cover specific items Hiscox ignores
“This is a very specific product, and as a result, the premium is going to be extremely low and extremely targeted. And once again, if you dig into their policies, you'll find that they don't cover some of the things that we cover.”
Matt SweetwoodApr 24, 2021▶ 7:45Camera Insurance as Beachhead to SaaS Play? 100 Customers Already.
PredictionHeld up
Prediction (Apr 2021): COVID-19 cases will drop very quickly
“COVID is going to drop obviously very quickly over the next couple of months.”
Matt SweetwoodApr 24, 2021▶ 11:05Camera Insurance as Beachhead to SaaS Play? 100 Customers Already.
AssertionContradicted
Sweetwood: Camera equipment is the most stolen item
“Camera equipment is the most stolen item that there is because it's an item that you can't like put in your pocket, like your cell phone.”
Matt SweetwoodApr 24, 2021▶ 2:33Camera Insurance as Beachhead to SaaS Play? 100 Customers Already.
Disclosure
Sweetwood: Insurious is bootstrapped and running with five people
“We're just bootstrapping it for now. We're able to, the beauty of this product is that we're able to run it with a very, very small staff. And, you know, we have tech expertise. We're actually running with five people right now.”
Matt SweetwoodApr 24, 2021▶ 8:00Camera Insurance as Beachhead to SaaS Play? 100 Customers Already.
Opinion
Sweetwood praises WordPress as his favorite tool for building Insurious
“Favorite online tool actually is WordPress. Love WordPress. Very flexible, easy to build the platform and work it.”
Matt SweetwoodApr 24, 2021▶ 19:28Camera Insurance as Beachhead to SaaS Play? 100 Customers Already.
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