This does feel possible, but on a longer timeline

$LMND Car is one of the fastest AI-software products on earth, and it’s on its way to $1 billion IFP. If they keep executing, the expanded Car platform has a real chance to grow into one of the largest pure AI software consumer products on earth. I get that broad statements like this can sound over the top. But I believe Lemonade will likely reach a billion in Car IFP within the next few years. From there, it’s not hard to imagine them compounding into the tens of billions, maybe even pushing toward $100 billion OVER TIME. They’ll capture share in both the U.S. and Europe. If they capture 15% of both markets, (yes, that is a big ‘if’)- but if they do - they’d have a 100 billion dollar auto product not including any of their other stuff. Everytime I look at this company, the enormous potential screams value at the present. And if they keep growing at 30%, which is what management is guiding into the future, they’ll keep chipping away at this legacy insurance fortress. Keep your eyes on the growth, the trimming down of losses, and cash flow rising - it will tell you a lot.