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Root, Inc (ROOT) Q1 2021 Earnings Call Transcript

Operator Ladies and gentlemen, thank you for standing by, and welcome to the Root, Inc. first-quarter 2021 earnings call. [Operator instructions] I would now like to hand the conference over to your speaker today, Joe Laroche, director of investor relations. Thank you. You may begin. Director of Investor Relations Good morning, and thank you for joining us today. Root is hosting this call to discuss its first-quarter 2021 earnings results. Participating on today s call are Alex Timm, co-founder and CEO; and Dan Rosenthal, chief financial officer. Last evening, Root issued a shareholder letter announcing its financial results. While this call will reflect items discussed within that document, for a more complete information about our financial performance, we also encourage you to read our annual report on Form 10-K for the year ended December 31, 2020, and our quarterly report on Form 10-Q for the quarter ended March 31, 2021, to be filed with the Securities and Exchange Commiss

Spotify s Car Thing is a either a great branding play or just another thing to distract me while I m driving

The Globe and Mail Road Sage Spotify’s Car Thing is a either a great branding play or just another thing to distract me while I’m driving Published April 16, 2021 Courtesy of manufacturer Keep it simple. It’s sound advice and savvy business. Why complicate matters when you can get your point across in a clear basic fashion? This must have been the thinking at Spotify, the audio streaming and media-services provider, when the company decided to name its voice-controlled podcast-assistant hardware “Car Thing.” Announced in 2019, Spotify has just made Car Thing available to some users on an invite-only basis in the United States. The reductive bluntness of “Car Thing” is a far cry from the name “Spotify,” which, on the surface, has absolutely nothing to do with music, streaming or audio. If the company made stain-removing products, the name Spotify would make sense. Spotify is an enormous company, so it is important to remember that a lot of money and market

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