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wsj.com
wsj.com
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Still, becoming a real, regulated insurance carrier meant Lemonade needed more time to launch and more capital to grow. (A carrier typically must maintain cash reserves equal to at least a third of revenue, Sagalow notes.) So far, the capital has flowed—and from some big names. Through 2017, Lemonade raised $180 million in four rounds. In 2019, it ... See more
Jeff Kauflin • First, Fire All The Brokers: How Lemonade, A Millennial-Loved Fintech Unicorn, Is Disrupting The Insurance Business
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Matthew Paulson • Email Marketing Demystified: Build a Massive Mailing List, Write Copy that Converts and Generate More Sales (Second Edition)

Rising valuations gave the illusion of success. In reality, little had changed beyond investor demand, and many companies that saw their valuations rocket into the hundreds of millions or billions hadn’t shown that their basic business model could even be profitable—a rather elementary requirement for a viable business outside Silicon Valley. Inste
... See moreMaureen Farrell • The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion
The High-Level This Week: There are 4,000 universities in the United States that generate over $650 billion in revenue and educated 20 million people annually. A perfect storm involving declining revenues and state funding are putting many of these universities at risk of bankruptcy. Many will not survive. Is this the end of University Inc in the U... See more