reticulates

9 ms·

91.
by reticulates 3mo ago
I think you have it backwards. Poor people cannot rely on their parents because their parents are poor too. Every person I know who grew up rich relied on their parents until… well, forever. Privilege is being able to rely on your family.
92.
by reticulates 3mo ago
https://en.wikipedia.org/wiki/Mechanical_doping We don’t know what’s inside these bikes!
93.
by reticulates 3mo ago
YC has tens of thousands of founders, more are probably at Google and Facebook than Anthropic and OpenAI. I’m not sure a sample of 105 founders shows… anything?
94.
by reticulates 3mo ago
As others have said, this is an age old idea that has been tried dozens of times and sometimes with very big financial backing (there was another attempt on HN just a few months ago). My personal view is that this idea is fatally flawed and
95.
by reticulates 3mo ago
"Corgi builds insurance structures that allow us to best serve the needs of our customers. For technology companies, operating a technology liability line through a Risk Retention Group is not unusual, improper, or exotic; it is a stan
96.
by reticulates 3mo ago
> Is a startup gets insurance for something they couldn't get insurance for elsewhere and then Corgi goes belly up, the startup is our their premiums but otherwise in the same place. That’s not accurate if the startup is making a cl
97.
by reticulates 3mo ago
Yes, I am the author. Yes, insurance is mostly a box ticking exercise for most startups. My concern with Corgi is that even after accounting for how unimportant insurance is to startups, they are so blasé about their underwriting that for t
98.
by reticulates 3mo ago
Corgi is even worse than just circular revenue, their entire insurance business is a house of cards: https://reticulating.substack.com/p/ycombinators-corgi-insur...