#114 - Karn Saroya

Karn Saroya is the CEO and cofounder of Cover, which was in the YC Winter 2016 batch.Cover is a nationally licensed insurance brokerage. You can use their app to take a picture of property you want to insure and they’ll connect you with their insurance partners so that you can get the best price and coverage.You can find Karn on Twitter at @karnsaroya.The YC podcast is hosted by Craig Cannon.***Topics00:36 - Karn’s intro01:01 - Using computer vision to identify and catalogue property2:28 - How Karn ended up starting Cover3:48 - Being a maker vs. an advisor5:58 - Stylekick, Karn’s previous startup9:28 - Joining Shopify10:08 - How the idea for Cover happened11:58 - The capital-light way to start an insurance business16:28 - Underwriting17:58 - Lead generation20:18 - Product development21:28 - Buying Cover.com for $750k24:53 - Being engaged to a cofounder28:43 - Managing two offices and cultures30:58 - Being an international founder in YC31:58 - Advice to people in the current batch of YC