LMND Lemonade Investment Idea Main PostLMND is at a very attractive price, it is a great idea to put it in the long term investment basket. Below we are going to discuss Fundamental analysis as technical prices can be shown on the chart.
LMND management and board:
1- Founder and CEO: Daniel Schreiber
From His Linkedin page we can see that he served in the following companies and positions before being the CEO of Lemonade:
A- Alchemedia, Inc as Co-Founder and CEO: this company been acquired by GroupM which is a Global media investment management company for WPP’s media agencies including Mindshare, MediaCom, Wavemaker, Essence. We do not have a lot of information on Alchemedia except it is a media planning & buying agency in South Korea.
The only strange indication is that this man does not sit in one country. From Korea to USA to Tel Aviv. Anyway lets continue.
B- M-SYSTEMS as a Vice President, Marketing & Business Development: This is a technology company that create and invent hardwares. Also not much dedetails about the company except their website is in Greek language. This is another indication about the person being a traveller.
C- SanDisk as Senior Vice President and General Manager of Mobile Network Operators: Now we are talking about holding a high position in a company with international brand name. He worked from 2007 to 2011 in multiple positions and responsibilities, being 4 years in such company mean that he is doing good work, there are multiple long job descriptions for positions he held in the SanDisk but I am not going to go through them all.
D- President and Board member of Powermat: Powermat Technologies Ltd. is a developer of wireless power solutions for consumers, OEM and public places. The company licenses IP, sells charging spots to public venues and the software to support their maintenance, management and consumer interaction.
E- Founder and CEO of Lemonade: Discussed.
The second guy of Lemonade is Shai Wininger, is guy is a legit person, lets go through his profile:
A- Co-Founder CPO, CTO of Mobideo Aerospace: Industrial grade analytics and control platform, connecting workforce data, machines and people.
B- Non Executive Co-Founder, Board Member of Santa Inc
Santa is the next generation of retail, a new kind of shopping experience that magically brings a personalized store to each customer’s door within minutes. The Santa app notifies users when nearby and facilitates the discovery of premium products curated from top national and global brands as well as local artisans and small businesses—spanning from fashion and home decor to toys and electronics. Customers can experience Santa’s assortment in their home with no commitment before the purchase is completed in the app. Santa is now serving residents of Frisco and Plano. To discover or download Santa, visit GetSanta.com
C- Founder of Fiverr since 2010. I do not think this company need any introduction.
This guy is a machine but I am not sure whether he going to settle in this company LMND or will also move from his position and open the next company as insurance companies really need care and continuing reputation caring.
And the third wing of Lemonade is Ty Sagalow, his profile include
Board of Advisors- Metabiota, Senior Advisor of BlockRe, CEO of Innovation Insurance Group, LLC,
He even wrote a book about founding Lemonade called The Making of Lemonade.
I will continue with Business description and insurance industry below.
