The first name from the Carvana Scanner. I'm long DAVE.
$554M revenue. 41% EBITDA margins. 8-day credit duration. TIQ score: 91 — highest in the company's history.
The market thinks it's a meme stock. Here's why it's a tollbooth. 🧵
Congratulations to @Jasonwilk and the entire @davebanking team on their public listing today! I remain as excited about their growth potential over the coming years as I was when I first invested at the seed round back in 2017. This is not a team to underestimate!
A great piece by @paulg about the perseverance of the AirBnb founders. When working on startups, especially ones with novel ideas, doing whatever it takes to stay alive is critical.
https://t.co/vBWSAULMMY
Tony Hsieh on similarities between poker and business (from his book)
“Look for opportunities beyond the game you sat down to play. You never know who you’re going to meet, including new friends for life.”
Easy way to make money as an investor:
1) take no early-stage risk.
2) wait for product visionary to emerge in huge industry where incumbents are tech-clueless.
3) bet that the disruption will compound for decades.
Eg:
Tesla vs auto makers
Amazon vs retail
Netflix vs Hollywood
Need gas or groceries? https://t.co/HhWt4kKe2t will advance you up to $100 ahead of the federal stimulus payment for free. No strings attached. @mcuban you should let everyone know about this!
The https://t.co/7TCO4R1cXO app has a product called Side Hustle that will connect you with extra income during Covid. Average user makes $160 a week. $72 million already paid out @mcuban
Thrilled to see @FinancialStudio portfolio company @davesavesyou toping this list. @Jasonwilk and team have built an amazing culture around a company that helps millions of people improve their financial health.
https://t.co/G69WkAWziU
This is the kind of thing the folks at @davesavesyou thrive on -- helping people manage day-to-day. Sometimes it truly *IS* that small injection of cash @ pivotal time that makes ALL the difference. #FintechforGood@mcuban@Jasonwilk@FinancialStudio proud to have them!
Government workers affected by the shutdown should use the Dave App to advance $75 until they get paid next. No interest and helps with everyday essentials. Please retweet if you know someone who could use this. https://t.co/l65Dae61GD