1/ Big News: We've invented ‘Synthetic Agents’ to enable rapid growth without burning cash! I’ll explain: Lemonade's got strong unit economics (LTV/CAC>3) but long CAC payback (24m). So fast growth both maximizes long term profit 🥳 and depletes cash 😢. How to max growth & cash?
“About 45% of our claims are now handled without any human contact at all through automation,” @Lemonade_Inc CEO @daschreiber says. “It’s really the technology paying dividends on years of intensive investment we made in building out this unique vertically integrated solution.”