Great analysis, thanks! Just added a small position too. I also think the lending business has been and will continue to be a customer acquisition driver for them use lending as the entry point for college students
Let's not forget that Noto has stated he will be using his newfound billions to make multiple acquisitions. The future looks dazzlingly bright for Sofi.
Thank you, Josh. Hard to say. It depends a lot on the new features that SoFi will bring in the coming months (as I explained, they are like a startup) and their user growth. Also, a nice tailwind could be them getting the bank license.
Hello Richard, Could you possibly do a follow up to this Sofi article given todays close in the $6 area on April 21, 2022? Thanks!
Great analysis, thanks! Just added a small position too. I also think the lending business has been and will continue to be a customer acquisition driver for them use lending as the entry point for college students
Thank you Neil!
Interesting analysis. Three businesses, not one. I wonder if the market will value it that way in the coming weeks.
I think it already has through IPOE. If it were only the Lending business, the market cap would be much lower.
Let's not forget that Noto has stated he will be using his newfound billions to make multiple acquisitions. The future looks dazzlingly bright for Sofi.
Great article. Thank you for this. What's your thoughts on PT for 2021?
Thank you, Josh. Hard to say. It depends a lot on the new features that SoFi will bring in the coming months (as I explained, they are like a startup) and their user growth. Also, a nice tailwind could be them getting the bank license.