I've been an investor in SOFI since IPOE. My average buy price is $20 (ouch). I've been thinking of SoFi as potentially being a direct competitor with Robinhood and banks like Ally. The company has faced issues due to student loan moratorium, short interests, as well as market sentiment. Personally I thought they would have added options trading by now and been competing with RH but instead it's just now introduced margin and still has shares and some Crypto. Stock hits a new 52 week low every week but I still think there's hope for SoFi in the long term (3+ years). Was wondering how SoFi employees feel. #investments
I love sofi products but not the stock 😢
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I would accept quite literally any job offer with comparable TC rn
SoFi is going down. Leadership continues to waste resources and ignore the underlying causes of problems they seek to solve.
Your company refuses to put out meaningful updates and relies too much on non-tech revenue.. Good you guys get a crap ton of stock but what for? Takes your front end engineers multiple quarters to push out a half ass dark mode.. As a user of SoFi I lose faith everyday at the lack of external engineering releases to customers... Legit companies make sure customer asks get developed.
The problem is we are spread very thin and our app is basically 5 apps glued together. There are some big initiaves to improve UX, some won't pay off for a while, and some are slow due to tech debt, top heavy leadership, or employee turnover.
On the same boat as you.
Dude this stock is getting wrecked- is there anything more to this story than just growth names being punished?
Student loan moratorium getting extended.
Probably similar to how you feel
Probably how I feel as well.