There is an interesting campaign live on seedrs in insurtech sector. https://www.seedrs.com/hiro/ What’s your opinion on this startup? What do I like: - a problem it solves, allowing customers having monthly fee and reducing the price by smart devices installed at home; - founder seems to have experience in other successfully exited companies; - execution by the team. The progress they made in 2020 is indeed great; - somewhat attractive valuation at 5.5m What I’m afraid of: - too generous growth prospects and promises by CEO (eg raising additionally 15m in 2021) and tripling or even 10x valuation in a very short timeframe; - competition. Not sure who are real competitors and how successfully hiro would attract and retain customers; Your thoughts would be very much appreciated. Regards, Gediminas
