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> Or maybe Lemonade is like many other "tech" companies, and is selling their product below costs in the hopes of growing into profits. This is exactly what th
by tharne 6y ago
> Or maybe Lemonade is like many other "tech" companies, and is selling their product below costs in the hopes of growing into profits.
This is exactly what they're doing. Take a look at their losses from claims. Brilliant marketing though, especially for an insurance company.
- zerni 6y agoGiven the relatively small size of their book, a few outlier claims can destroy all their economics. It should regulate over time.