Yep, being insured by Corgi is a huge risk. The reason why Corgi is especially terrible is that the inexperienced “growth” “interns” aren’t just selling low quality insurance they don’t understand that isn’t fit for purpose, that’s bad but whatever, the problem is that every new client adds more risk to pre-existing clients! Every Corgi client is, unknowingly, taking on more and more risk every day. The insurance is, basically, decaying, and entirely reliant on Corgi being able to raise money to bail it out when things implode.

The business model of spending hundreds of millions on marketing insurance with cafes is silly but maybe it’ll work, gotta swing for the fences, but selling insurance that could implode at a moment’s notice is grossly irresponsible. And when it implodes, it’s going to hurt thousands of YC startups.

Risklytics will be much more expensive than Corgi but it’ll be actual reliable insurance. Anyone going with Corgi is out of their damn mind.