Most companies treat compliance like a necessary evil.
Something painful.
Something expensive.
Something you deal with later.
I think that’s broken.
@koop_ai's mission is to protect the world from a new generation of risks without slowing down growth.
Today, we’re launching something big: UBC or Universal Basic Compliance.
Now millions of businesses in emerging and regulated industries can start their compliance program with zero upfront cost.
In just a few clicks, you can:
• Understand your compliance requirements
• Build a program
• Execute it — all in Koop
Compliance should be accessible, not opaque or paywalled.
Now it is.
Check it out: https://t.co/tr2lo1TX8m
Packed Physical AI event in New York today
Everyone is laser focused on deploying robots into the real, built world
The future is bright
Thanks @BlackhornVC@planeteercap for hosting
New capacity pops up -> all kinds of risk flood to it -> traction up in years 1-2 -> then losses catch up -> reinsurance up, have to raise premiums, become market level without asset class alpha -> average out or die out. Many trucking and auto insurtech followed this path. But on the flip side, they are technically doing SMB insurance and Next did well in that space
@justindross Underwriting is a double-edge for venture. But is a gold mine for more patient capital like PE if there is a good niche and good methodology