Down another 56% since June so 98% from the IPO less than 2 years ago. This insure-tech gem was underwritten at a $7 billion IPO cap. At today’s $162 million value, the “going concern” does $300 million in revenues and loses $300 million from operations. Pity to the index owner. https://t.co/dPKPYwIOFS
— Christopher Bloomstran (@ChrisBloomstran) September 2, 2022