$2 billion Lemonade is gearing up for an IPO. Here's why analysts aren't convinced it can successfully challenge State Farm and Allstate

$2 billion Lemonade is gearing up for an IPO. Here's why analysts aren't convinced it can successfully challenge State Farm and Allstate

Business Insider

Published

· Lemonade is the latest SoftBank-backed company that's trying to go public, filing for an IPO earlier this month.
· The fledgling insurance company has some things in common with WeWork, the SoftBank-backed coworking company that had to abandon its planned IPO last fall in the face of investor resistance — it's losing money...

Full Article