Sports gambling is spiraling out of control, sort of like, well, an addict spiraling towards rock bottom. In just the last few weeks alone, there have been scandals about a NBA player sabotaging his performance to win bets, a finance employee for the Jacksonville Jaguars stealing tens of millions from Continue Reading
Why Root Needs To Issue Equity Today
For those who remember the tortoise vs. hare insuretech thesis, when did it make sense to be a hare? When your stock was overvalued and thus capital was cheap. You could raise equity as a competitive advantage to allow you to sustain large operating losses while you built out your Continue Reading
Tesla Insurance Is Still A Bad Idea For Tesla
It’s been a bad year for Tesla so far. The stock is way down and so are new car sales. But there’s another problem that has received less attention. The auto insurance business is in deep trouble. The last time I wrote about Tesla selling auto insurance, I suggested it Continue Reading