@InvestRebuild I just don’t understand how $sofi can make money off this if $MA is partnered with every single stablecoin. Why will anyone care that @sofi is the only stablecoin backed by a bank if @Mastercard doesn’t? (This is an actual question)
@tstar_123 Jamie Dimon mentioned $sofi as a competitor… no news and stock is trading way way off from pre market levels. Hoping it can hold green today
$SOFI Industry Leader in Innovation
SoFiUSD Becomes the First Stablecoin Issued by a US National Bank to Launch on a Banking Platform
https://t.co/2g0qIEpnDB
@TaoFaith I don’t consider it dilution if the $sofi capital raised is being used to fuel growth. Pretty standard for a high growth companies to issue equity
As an all-in $sofi investor since 2023 and holder since Dec. 15, 2020, there has been significant volatility. Many moments where it feels the stock has finally broken through to the next level only to be beaten down 50% over the following weeks.
I have watched this company grow from around 1.5 million members at my first purchase to over 15 million now, all while the stock price has basically remained flat over this period.
The highs are high and the lows are low. The darkest hour is just before the dawn. We now sit over 50% lower than we were a few months ago, with myself being down 7 figures from previous peak.
However, I have never been more bullish on $sofi after listening to @anthonynoto on the pod. While the stock price has wavered, my confidence in Noto has never.
While the opportunity cost by being all in on $sofi has been significant, and arguably the biggest of my career/life. I have zero doubts in 5-10 years time, that cost will be an afterthought. As Noto said, we believe this is a trillion $ opportunity.
Fresh horses 🐎
$SOFI
"Does it bother me the stock is down as much as it is year to date? Yeah, it f****** bothers me a ton. At the end of the day, we're being held to a high standard. I've accepted that responsibility and I'll work my butt off to make sure we deliver on it."
@marketswithmay I think the $sofi platform will need to be tested during a recession for investors to gain full confidence in the model.
If we build a big ship we can tell people all we want about how resilient it is but until they see it go through that storm and make it out the other end…