Is sofi confirmed to have IPO this year? Considering a potential offer. Would it be worthwhile to join at this point? And how’s the company culture on the lending side (non tech)
Played these people in volleyball. SOFI showed up with the ex varsity all star team. Like the women were minimum 5 9 and guys 6 2. Everyone was fit. That's all I really know of the place. Sorry if this wasn't helpful
What was the end score? This is the only true indicator for OPs question
“I remember when I met the @RobinhoodApp founders when they were raising their Seed, Series A and Series B. I passed. Why? Optimize for integrity whenever possible because integrity compounds and assholes will fuck you.” Here are three apps you can use to replace Robinhood: 1) @SoFi * 2) @CashApp 3) @public *Disclaimer: I am taking this company public via $IPOE so I am biased, but I think it kicks ass. #DeleteRobinhood #chamath @chamath
Public did the same thing as RH
Good time to join company lots of upside in next 2-5 yrs if you’re worried about stock it will do well :) Anthony’s a great CEO and also a positive with chamath investing. I’d say most important consideration is if you liked the people on your team and who you’d be working with.
Noto is a great CEO but the CPO/CTO is an a hole and Noto has taken no action. In general horrible culture and no innovation. Does that make Noto a great CEO or a great investment banker exiting via the SPAC?.
I agree CPO is not great and is the main reason many of the sofi engineers on blind are so negative with all the org changes and chaos under him. Personally have had interactions with him and he rubbed me the wrong way. That being said we have a head start in lending which is the hardest business to enter by far + bank charter + winner take most in digital finance (everything in 1 company)
yes they are going public via SPAC
Did they offer you equity? I believe they are still offering equity at the pre IPO price.
Another $GME GameStop short squeeze!! A blank-check company created by venture capitalist Chamath Palihapitiya that plans to merge with lending startup Social Finance Inc. is a popular target, with 19% of its shares outstanding sold short, according to data from S&P Global Market Intelligence. The short interest in Churchill Capital Corp. IV, a SPAC created by former investment banker Michael Klein that is merging with electric-vehicle startup Lucid, more than doubled in March to about 5%.
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It’s going public via SPAC. You can buy SoFi shares right now ticker $IPOE (unmerged) the shares will merge in March.
I see... so does it mean there won’t be much upside in the future when it’s merged
Upside depends on the earnings of the company. If you think the earnings will grow so will the price of the stock. Great buy at $22 right now, I’m a holder