Diego Segura
@diegosegura
designer, writer, founder. currently obsessed with monetary theory, high finance, corporate law, regretting dropping out of high school, and sudoku. author of a 2018 book, “the dropout manifesto.”
diegosegura.meDiego Segura
Backd Business Finance Application Online | Backd Business Finance
backd.com
Rather than sell policies backed by established insurers (the way fintech competitors Hippo and Jetty do), Lemonade would become a licensed carrier itself, retaining claim liability on its own balance sheet.
Jeff Kauflin • First, Fire All The Brokers: How Lemonade, A Millennial-Loved Fintech Unicorn, Is Disrupting The Insurance Business
In the battle between physics and platitudes, physics is undefeated.
In many of the most prominent cases of grain being exported from sanctioned Crimea, media reports detailed how a fleet of handymax ships such as the Mikhail Nenashev, Matros Shevchenko (IMO: 9574195), Matros Koshka (IMO: 9550137) and Matros Pozynich (IMO: 9573816) were pictured in Sevastopol with their AIS disabled.
They would then head out into the... See more
They would then head out into the... See more
Bellingcat Investigation Team • Russia’s Ghost Ships and the Evolution of a Grain Smuggling Operation - bellingcat
fascinating
You were never going to see her making any kind of public misstep or posting something reckless on social media, which is part of why she’s a bit of a cipher. It was hard to know who she really was or what she really thought. She worked really hard—that was always her personal brand from the moment she appeared on The Hills and that’s what, univers... See more
After the Gloss: What’s Next for Emily Weiss
Emily Weiss of Glossier
If you tend to blame celebrity culture run amok for our current national woes, you might find some poetry in this week’s news that Interview would fold, bankrupt, just short of its fiftieth year—mired in lawsuits over unpaid work and rampant infighting. But mostly it’s just a bummer, like hearing about an East Village punk den shutting its doors—ev... See more
Michael Schulman • The Legacy of Interview Magazine and a Trip to 1988
that last part is fucking brutal
Chubb specializes in XoL (excess of loss) trade credit insurance, which means that the insured company agrees in the policy to take a significant loss before “coverage” kicks in.
This is different than ground-up insurers like Atradius, Allianz, and Coface, who will insure entire losses (also known as “ground-up”.)
To understand Khaite, you’ve got to view it like a merchant. (I liked the pin-tucked gazar dresses; they reminded me of this Marc Jacobs look from his Spring 1998 collection.) Holstein is very much in touch with what women with money want to wear. When I saw Yael Aflalo , founder of Reformation—another Stripes investment, which turned out very well... See more
September Issues
She was very fond of saying, “People ask, is Glossier a tech company? Is it a beauty company? And I say, yes.” It was a little bit trendy, a little bit sexy to be a tech company in that age. And if you are a tech company, that justifies the amount of funding you're getting and can potentially raise your valuation.
Amy Odell • Inside the Rise of Emily Weiss's Glossier
3G had taken Burger King private in a 2010 leveraged buyout for $4.1 billion, using $1.6 billion of its own equity. At the time, Burger King had one brand—Burger King—and 12,000 restaurants in 70 countries and some $15 billion in revenue. In short order, 3G transformed Burger King into Restaurant Brands International, comprising 30,000 restaurants ... See more