Paper Bag Investor

Searching for high-conviction, multiBAGger investment opportunities. Look from many angles, research deep, then invest big. 30% CAGR since 2009. IT’S IN THE BAG

[Paper Bag Investor @PaperBagInvest]

I don't like to plug myself, but if you are new to $LMND and want to dive deeper I recommend joining my Patreon to see my model and other exclusive content.

No pressure at all to join though, as I mostly post publicly.
https://t.co/uQ1RlPojgs

[Paper Bag Investor @PaperBagInvest]

With every state they launch the autonomous insurance product, they get a lot of free publicity from $TSLA bulls. It will be interesting to see Google trends again in a few days to see if it spiked again.

[Ming @tslaming]

GOOD NEWS 🇺🇸 Tech-driven insurance company Lemonade just announced that its Autonomous Car insurance is now live in Indiana 🛡️

The first-of-its-kind product offers Tesla owners a 50% discount on every mile driven using Tesla’s FSD 🆒

“Today, we’re bringing Lemonade Autonomous Car to Tesla drivers in Indiana. This first-of-its-kind insurance product cuts Tesla’s cost of ownership by slashing insurance prices in half for miles driven with FSD (Supervised). Tesla’s safe FSD (Supervised) tech reduces the chances of getting into an accident. Our intelligent pricing models see this in the data and can pass real savings, with high precision, on to Tesla customers,” said Shai Wininger, President and Co-Founder of Lemonade.

[Paper Bag Investor @PaperBagInvest]

@bradsferguson @farzyness Incredible 🤯

[Bradford Ferguson @bradsferguson]

Lemonade is now insuring my

Tesla Model X Plaid
Foundation Series Cybertruck, and Model Y Launch Edition
(these are not cheap cars!)

…all for $190 per month with the special 50% off miles driven with Tesla FSD.

[Paper Bag Investor @PaperBagInvest]

Not much new in the $LMND Piper Sandler interview with Daniel, which is fair because we’ve covered the stock and company in such detail. Some things that were nice to hear though:

Some details about incumbents massive spend on IT. For example State Farm spends something like $3B per year on IT. Insane.

Distribution of being able to sell through an LLM and $LMND being a leader is a new thing.

Nice comment about how they see no end to adjusted EBITDA and its growth.

[Daniel Korn @korndaniel1]

We just launched @Lemonade_Inc Autonomous Car Insurance in Indiana, with 50% off FSD miles for @Tesla owners ⚡️

We're just getting started. $LMND

[Paper Bag Investor @PaperBagInvest]

@niccruzpatane https://t.co/gTILDeubuh

[Bradford Ferguson @bradsferguson]

I quoted out an FSD policy and am currently paying Lemonade $258 per month.

For 90% FSD usage, they quoted me $190 per month with like-for-like coverages and deductible

It’s for 3 vehicles and includes some minimum coverages.

(insuring a Cybertruck, a Model Y, and a Model X)

[Nic Cruz Patane @niccruzpatane]

If you are a HW4 Tesla owner in Arizona, Indiana or Oregon, you can now get Lemonade Autonomous Car Insurance with a 50% discount on every mile driven using FSD.

You pay a low fixed parking price, then pay only for miles driven each month. If you have FSD activated, those miles are 50% off.

The company says that as FSD versions improve, prices will go down further.

As always, insurance is different for everyone, so make sure you check other options to see what’s right for you. If available, Tesla Insurance might be cheaper if you have high FSD usage as well.

[Herbert Ong @herbertong]

🚨 Tesla owners in Indiana can now get up to 50% off car insurance when driving with FSD (Supervised) through Lemonade’s new Autonomous Car insurance program.

The more miles driven on FSD, the bigger the discount.

Lemonade says FSD is twice as safe, and rates could drop even further as future versions improve.

For now, the program is available to HW4 Tesla owners, with more states expected to follow. $TSLA $LMND

[Bradford Ferguson @bradsferguson]

I quoted out an FSD policy and am currently paying Lemonade $258 per month.

For 90% FSD usage, they quoted me $190 per month with like-for-like coverages and deductible

It’s for 3 vehicles and includes some minimum coverages.

(insuring a Cybertruck, a Model Y, and a Model X)

[Paper Bag Investor @PaperBagInvest]

@bradsferguson Wow! $190 per month would be the total for all three vehicles??

[Paper Bag Investor @PaperBagInvest]

New fireside chat with $LMND CEO @daschreiber and Piper Sandler. I’m listening to it on the Quartr app or can access it through a form here https://t.co/4dc1OsxXUb

[Paper Bag Investor @PaperBagInvest]

New $LMND interview with CISO officer Jonathan Jaffe:

Securing the Agentic Enterprise: Office Hours with Jonathan Jaffe https://t.co/gVIwBx7wsL

[Paper Bag Investor @PaperBagInvest]

🍋

[Paper Bag Investor @PaperBagInvest]

$LMND Autonomous Car is now in Indiana. From their Q1 letter we can expect multiple state additions this year to benefit $TSLA FSD drivers.

[Paper Bag Investor @PaperBagInvest]

$LMND Autonomous Car is now in Indiana. From their Q1 letter we can expect multiple state additions this year to benefit $TSLA FSD drivers.

[Shai Wininger @shai_wininger]

Lemonade Autonomous Car is now live in Indiana.

@Tesla owners, you’re probably paying too much for your car insurance. Fix it here: https://t.co/q0UOjWNNgk

[Paper Bag Investor @PaperBagInvest]

...

[Paper Bag Investor @PaperBagInvest]

Fantastic ads by $LMND. They’ve taken something ordinary (a bus stop) and made it extraordinary - this is the same magic Lemonade does with insurance.

[Paper Bag Investor @PaperBagInvest]

If we think about the present value of an average $LMND customer as the average LTV or Lifetime value and then multiply that by the total number of customers, we can make a graph of the present value of all customers. It continues to rapidly rise. See below.

[Paper Bag Investor @PaperBagInvest]

If we think about the present value of an average $LMND customer as the average LTV or Lifetime value and then multiply that by the total number of customers, we can make a graph of the present value of all customers. It continues to rapidly rise. See below.

[Paper Bag Investor @PaperBagInvest]

@OsheaJacksonJr That was awesome. I love his laid back personality which contrasts to his incredible skill. Kid could have a very good career out of one routine like that.

[Paper Bag Investor @PaperBagInvest]

@__codak__ That’s awesome! We’re in the same boat. Training up to a full is going to be a challenge for me for sure.

[Paper Bag Investor @PaperBagInvest]

Another half marathon in the books ✅

Training for a full this Fall.