Coalition inc

Company is not growing, it’s shrinking. Layoffs. No sense of direction. People leaving. The CEO is already switching to another project and wanting to start another company. Coalition stock is worthless. They’re in talks of bringing people into the office depending which state you live. And 2 people tried to unalive themselves and when they came back from mental health leave they got canned. Avoid at all costs. I can even show you the internal Coalition Blind and you’ll see the average posts you get.

There was about a 5% layoff all on the business side due to moving out of a certain business segment (middle market?) that I can't remember. Outside that, there really haven't been particularly negative signs. CEO did send out some "war room" bullshit email like a year... year and half ago when ZIRP ended. Similar to other startups, they definitely slowed down hiring as a result of the endless money spigot ending. Nothing particularity worrisome since then, although Engineering continues to Amazon PIP. On the AI side, Bob is all bought in on AI as the chalice of developer productivity. You are encouraged to use it, and there's been trainings. No punishments for not, but a free chance to try out. As for the underwriting side, cyber insurance is theoretically a good place to put LLM's to work. We collect massive amounts of data from across the web and from our insureds in order to assess risk and generate pricing. There's efforts to use LLM's, although I'm not involved. Whether those efforts are meaningful or pandering to the hype bubble for investors, no idea. Without being involved in the meaningful conversations, I'd say the outlook is still positive. No particular signs that there's impending doom, and the GWP (gross written premium) is still trending up while maintaining loss ratio.