Root insurance laying off 330 employees. Will they make it?
Root insurance is an insuretech company that has changed the way that insurance is calculated, putting heavier emphasis on the actual driving over the type of metrics the driver is around.
Unfortunately Root insurance isn't doing the best and had a loss of $400 million over last year. They are laying off 330 employees. In this video I go over my thoughts on whether or not they will make it and if it's an investment you should look at.
#rootinsurance #root
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