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Growth Investors, Have You Read Lemonade's Founders' Letter Yet?

·5 min read
Growth Investors, Have You Read Lemonade's Founders' Letter Yet?
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Computing technology has grown up a lot in the past two decades, and its evolution has spawned a variety of new tech empires -- entire ecosystems dedicated to hardware and software like Microsoft, Apple, and Alphabet's Google. Lemonade (NYSE: LMND) aims to be one of those applied technology companies, and it has its sights set on the massive insurance space. There's a lot to be gained if Lemonade is successful at disrupting this old industry, but the company itself admits there's no road map for success and it will be a very bumpy long-term journey.