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Instead of an insurance comparison service, these guys should start an actual auto insurance company. Nobody likes insurance companies, so there's certainly a
by cloudwalking 14y ago
Instead of an insurance comparison service, these guys should start an actual auto insurance company.
Nobody likes insurance companies, so there's certainly a market for an insurance company that people love.
Be ambitious. Build something big. Comparison sites are not a big or ambitious idea. Comparison sites are a feature of bigger platforms. If you're building a platform, call it that. Otherwise, build something bigger.
- schrodinger 14y agoAgreed. I thought that's what it was at first, and I got really excited :)
- cloudwalking 14y agoMe too! :(
- w33ble 14y agoAccording to the article on pandodaily (also on the front page at the moment), that's part of what they are doing too. http://pandodaily.com/2012/12/05/from-kidnapping-and-bribery-to-insurance-comparison-leaky-is-boring-and-thats-okay/ http://pandodaily.com/2012/12/05/from-kidnapping-and-bribery...
- fiatmoney 14y agoInsurance is one of the most highly regulated industries out there (even more so than banking). It's also almost entirely regulated by state insurance commissions (-> many arcane one-off regulations, and a fair amount of political games). Take the regulatory difficulties Uber, etc. are running into, and multiply by 100.
- schackbrian 14y ago"Empirically, the way to do really big things seems to be to start with deceptively small things." http://paulgraham.com/ambitious.html http://paulgraham.com/ambitious.html