$2.7 Billion In 6 Years: How His College Roommate’s Bad Experience With Life Insurance Led Him To Build Something Different

When Peter Colis was a student at Stanford Business School, his roommate Lingke Wang bought a life insurance policy thinking it would get him ahead in financial planning. Instead, he had practically been duped: the policy was something he didn’t need as a 22-year-old with no dependents and he had paid thousands of dollars only to get next-to-none out.