OfTheCross
Veteran
Got a couple of + positions that I might offload today...take the small victories, brehs.
It adds up 25% at a time...
It adds up 25% at a time...
Boiler Room: The Official Stock Market Discussion
powell and yellen to speak in front of congress today I believe
reminding me of last week with the AM selloff before Powell said nothing
I feel like stuff is being more complicated that it needs to be. Isn't her company solely an intermediate to lenders and borrowers ? Her role is simply to mitigate the risk of the lender if I read this right ?TechCrunch is now a part of Verizon Media
"Debt as a Service"
Some of the quotes made in this article made me think about how AI in fintech often works against black people, I would of had a few follow up questions for some of her answers around that in here.
Would yal invest in the "Stripe for Debt" business model hypothetically?
Slim
Superstar
How many times does Powell have to come and say rates will not rise anytime soon? 
dora_da_destroyer
Master Baker
i don't even get how it mitigates risk, lenders have access to AI tools to screen applicants. some shyt literally slaps a tech label on itself and becomes a whole new beast. like affirm, shyt is a glorified payday loan or layaway or there was a "co-living" company that also just inserted an extra layer making renting more complicated than necessary. just adding more layers and tossing an app or AI in between shouldn't keep being rewarded as innovation
Yea. Sounds like they'll partner with established companies as their lender for their established audiences and user base.
Uber was a use case given in the interview. She was like Uber has limited experience in risk management, so while they see a need to offer lending to their workers for example purchasing a car, they would give Sovi access to their workforce to offer their services for them.
Been on my WL for a min, you think it's gonna pop?
dora_da_destroyer
Master Baker
red market matches the red hat i'm bout to throw on, Make Stocks Great Again 
it could possibly move on nft news thursday
right now im just tryna scalp (which might come back to bite me)
Controversy
Superstar
Who has some insight into what EV charging companies will benefit from the soon-to-be proposed multi-trillion dollar infrastructure package?
It's simply outsourcing. If lending has nothing to do with your business model, but you have an ideal workforce that would leverage it, this makes sense in that regard.
They said that it'll be all possible through their API, so that's probably why it's an easier sale for them to just seamlessly plug into their existing apps/platform
