Country Time Lemonade announced its “Littlest Bailout” program for “smaller entrepreneurs”: kids with businesses in lemonade stands. The company says they will award a “ransom” of $ 100 to the children to encourage entrepreneurship. “A financial aid program to help smaller small businesses: lemonade stands,” said the program’s website. “Stimulus …
Read More »Lemonade’s CFO says it is digitizing the insurance industry. Its IPO soared more than 100% today.
Text size The New York Stock Exchange welcomed Lemonade, Inc. (NYSE: LMND) on Thursday, July 2, 2020, in celebration of its IPO. To honor the occasion, Daniel Schreiber, co-founder and CEO, and Shai Wininger, co-founder and chief operating officer, along with Chris Taylor, director of listings, perform at the NYSE …
Read More »Lemonade, a technology-driven insurance company, shoots 132% in its commercial debut (LMND)
Kimberly White / Getty Images Lemonade, a technology-driven insurance company backed by Softbank, soared 132% in its commercial debut on Thursday. The company set its IPO price at $ 29, representing a market valuation of $ 1.6 billion. It was valued at $ 2.1 billion in its 2019 funding round. …
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