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. Read More...
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.
Add Comment