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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks U / Upstart Holdings (UPST)
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Author: earslookin x2  😊 😞
Number: of 123 
Subject: Vote of no confidence
Date: 03/02/23 6:20 PM
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No. of Recommendations: 6
Paul Gu is one of the co-founders of Upstart and the driver behind its model.
Last year he agreed to take most of his compensation in stock grants spaced
over several years. The plan was tied to performance of the stock, not the
business. It seemed like a win-win at the time -- he'd be a rich man and Upstart
could redeploy the cash they would have paid him for other things.

Today they announced he'd rather the cash. To heck with the stock.

There's another 450K drain on cash per year.

Ears <long UPST>
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Members reply directly to earslookin here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 123 posts about Upstart Holdings. The article-length ones it recommended most:
Upstart, an introduction · 17 recs · 2022
Upstart's cash burn · 13 recs · 2023
Upstart Breakeven Analysis · 8 recs · 2023
Upstart (UPST) Q2.2023 Forecast · 6 recs · 2023
Q1.2023 Forecast · 5 recs · 2023
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