Kevin O'Leary
👤 SpeakerAppearances Over Time
Podcast Appearances
And so I'm not happy with my insurance options and many other watch owners are not happy either.
Cause the basic problem is you put it on your home plan, you know, as a rider,
And then 10 years later, your Rolex is stolen or lost, and it's worth five or 10 times what you bought it for.
And they're paying you out a depreciated value.
That's one of the problems with many houseplants.
But I remember people saying to me, oh, you can't get into that business.
And I say, bullshit.
Watch this.
My secret sauce is my army of followers that I tell the truth to.
And millions of them, over 10 million of them.
And I say to them, hey, guys, does anybody want to try a different idea for watch insurance?
If you don't want it, don't worry about it.
But I'm going to create this company called WonderCare.
And it's going to do an incredible job on watch insurance.
Does anybody want a policy?
And I put one of those out there and got 3,500 policy requests.
And I showed it to Chubb and said, have you ever seen anything like this?
Have you ever been able to get 3,000 policy requests with zero customer acquisition costs?
Has anybody you know ever done that?
Why don't you partner with me?