They leverage Point 1 (One time expense) to create this event so they can benefit once selloff is over ( I did it to by increasing my position). WallStreet has lots of power, thus able to trigger this type of selloff. Galileo tech platform = AWS of Financial Industry…Robinhood is on Galileo…. SoFi Hong Kong bought a small company… = Asia Expansion = Soon (2-3 years in my opinion) a Global Expansion Very well capitalized for long term expansionīank Charter – Provided all necessary documentation for FCID…This will provide them with all necessary licenses to operate as a bank… Q3 guidance $245 – 255 (yet they specified that they are not expecting rebound in student loans until after 2021) So perfect product offering balance!!!
Plan to reinvest 70% back into business to fuel further growth (Jeff Bezos = Anthony Noto – Best CEOs and Capital Allocators by far) Vertically integrated products, thus resulting in low fee, low cost Products are 100% digital (Super App Not common in the NA, but big in the Asia) Increasing members resulting in declining members a acquisition cost (reducing marketing cost $0 for any additional product acquisition offered by SoFi platform) Reached inflection point in Financial Services Anthony rejoined Goldman Sachs in 2010 after serving as the National Football League’s executive vice president and chief financial officer for nearly three years. Before that, he was co-head of the Global Media Group for TMT Investment Banking. $165M Loss consists out of ONE TIME $144M Cash Expense… People do not read and don not understand ON TIME.well it is what it is Anthony Noto is global co-head of the Technology, Media and Telecom (TMT) Group. Here is why I did it (I will NFT this comment so I can check it every few months): I increase my position to a total of 7000 shares (bought 5000 this morning).
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