AVOID Asymmetric Investing by Travis Hoium Conviction4/5 Analysis quality70/100 until Lemonade proves that it's actually profitable and shows margin expansion
The YouTuber avoids Lemonade due to its consistent unprofitability, noting it loses $211 million over the trailing 12 months and spends significantly more on customer acquisition than it generates in revenue. He is skeptical of its long-term customer value given its short operating history and lack of clear proof of profitability or margin expansion.
“But until Lemonade proves that it's actually profitable, this is probably a stock that I'm going to stay away from.” — ▶ 8:40