This Week in Startups Startup pitch competition: Jason invests $25K live! | E1709
Mar 29, 2023
David Axelrod, founder of OpenInsure, a self-insurance platform, dives into innovative insurance practices. He discusses how his platform allows individuals to pool resources, aiming to save on traditional insurance costs. Axelrod shares his journey from part-time to full-time startup commitments and the challenges he faced. The conversation covers community-based solutions for risks, such as flood damages, and the importance of governance structures in the insurance sector. Listeners will find his insights on transforming the insurance landscape particularly enlightening!
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Builder Founders
- Focus on being a "builder" founder if you want to succeed in startups.
- Learn skills like coding, no-code development, design, sales, or marketing to launch products.
Kapsule Pitch
- Kevin O'Connell, founder of Kapsule, pitched a social video time capsule app.
- The app allows users to send encrypted video messages to be delivered in the future.
Consumer Products: Lightning in a Bottle
- Consumer products are like "lightning in a bottle"; they either capture attention or fail.
- Investors assess consumer products based on their potential to resonate with a target audience.