• 2018.10.01
FinSum2018: Kazy, CEO of justInCase, presentation at "The reason why I need 200m dollars"

I was recently asked what I would do if I get $200 million, and I spent three weeks wondering if I would still run an insurance company or if I would do something completely different.

 

まFirst, though, let me introduce myself. I was really good at Math, so I thought I was genius until April of the year I was 19 years-old. Therefore, when I entered University, at first I did not attend my classes and just read books. Three months later, I went school.
Surprisingly, I found my classmate at least as good as me, and my new friend Mizuno-kun was far better than me. I thought I need to do something different from others to stand out. When I graduated from university I felt like finance or insurance would be a good fit as I like math, and I joined Milliman, an actuarial consulting firm.

 

I became a consultant, but I was just 23 years old. I was not quite ready for it, so I got stuck at my job as a consultant, so inevitably I went into the field of financial engineering using latest finance techniques where experience did not matter. And so while I was earning money, my seniors were showing me the ropes.

 

 

The most critical part of insurance is death. Will your grief go away if your insurance pays out $100 thousand? No, that has nothing to do with money.

 

To paraphrase Steve Jobs’ speech, if you ask yourself everyday “if today were the last day of my life, would I want to do what I am about to do today?”, you’ll make sure to live a fullfilling life. So really, death is not a bad thing.

 

When I started my business, I was helped by my seniors a lot. Especially professor Uno, who was a close teacher of mine back at Kyoto University, I asked him if he can work as an actuary of my company without payment.

 

However, three months later, he suddenly passed away. I couldn’t really confront that death.

 

Some people say it is good to forget, but some people don’t want to forget.

 

 

This has turned into a bit long for an introduction, but I would want to make copies of brains.

 

Mr.Tsuruno, a researcher from RIKEN taught me this. We have 100 billion neurons in our brains, and between those are 150 trillion synapses that conduct electricity and give us our memories.

 

You slice a brain 17nm width, the size of neuron, then the neuron of a mouse’s brain can be visualized.

 

What we don’t have enough of in the world is data to reconstruct memories from the visualized neurons. So everyone, when you die, please have your brain frozen and let it sliced open, and enable to retrieve data from it. Since 1976 over 100 people’s brain have been frozen.

 

If I had $200 million, I would still do an insurance company, but also want to solve the problem that insurance can’t. Since everyone will die no matter what, including myself, this is what I would do.