&gt; Dalgaard says. “I don’t think I’ve ever seen anyone—and I’ve seen a lot of people—think as comprehensively as [Conrad] did about the market he was going after and how to build his product.”<p>And this level of gullibility mixed with greed is why the world economy is so jacked up.<p>Did you stop to think its because you know nothing about insurance? Conrad went to Harvard? So that he was kicked out of his previous company didn&#x27;t signal anything? All I see is investors acting like Hugh Hefner going for the startup equivalent of the blond-haired, big-boobed 22 year old. Hollywood&#x2F;Playboy is actually a good analogy because in those cases nobody cares about the young hot thing&#x27;s backstory either. Fake boobs&#x2F;law flouting masks everything.