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A discount they get to set on a subset of miles of their choice may just be a marketing expense for an insurance startup which makes losses and relies on VC cap
by gwern 9mo ago
A discount they get to set on a subset of miles of their choice may just be a marketing expense for an insurance startup which makes losses and relies on VC capital and needs growth: https://en.wikipedia.org/wiki/Lemonade,_Inc.#2015%E2%80%932019 https://en.wikipedia.org/wiki/Lemonade,_Inc.#2015%E2%80%9320... I was impressed by this until I looked Lemonade up.