- Finding product-market-fit is especially hard for insurtech businesses. The ones that have been able to find PMF have had unique access to customers early on.
- Niche sectors and emerging markets are where top insurtech investors are spending their time today. Collectibles and collectibles insurance is a market to monitor.
- Investors evaluate team, market, and product.
- Look for honesty when evaluating founding teams. Teams should be confident but honest with what they know and don’t know.
- There are four things that matter in VC: network and knowledge, picking the right deals, securing allocation, adding value post-investment.