Tag: lemonade
Startup dilution done right: Lemonade IPO edition
Every founder’s biggest fear is dilution — investors constantly carving off chunks of their equity in round after round of venture financing. Founders collectively own 100% of their companies in the beginning, but it isn’t uncommon for them to own single digits after years have gone by and millions of…
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Fintech startups raised $34B in 2019
Financial services startups raised less money in 2019 than they did in 2018 as VC firms looked to back late stage firms and focused on developing markets, a new report has revealed. According to research firm CB Insights’ annual report published this week, fintech startups across the world raised $33.9…
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Lemonade is getting into pet insurance
Lemonade, the homeowners and renters insurance provider that’s raised $480 million, has announced its plans to expand into pet insurance. This marks the startup’s foray into a new insurance vertical. To be clear, Lemonade is simply announcing its plans. Right now, the company is going through the regulatory process, which…
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