Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of UPSTBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of UPSTBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd

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.
Answer this questionContinue to Shrewd'mThis note won't appear again
Stocks A to Z / Stocks U / Upstart Holdings (UPST)
Unthreaded | Threaded | Whole Thread (3) |
Author: earslookin ✭x2  😊 😞
Number: of 123 
Subject: Re: Earnings Report, Funding Secured
Date: 05/10/23 4:56 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 4
there was a truly massive amount of stock-based compensation this past quarter:
$74m on the cash flow statement ...

If there's any good news in this, the bulk of the $74M -- around $40M -- was a
one-time write-off of the cancellation of Paul Gu's performance based stock units.
He is now back on salary. Of course, he now is eligible for the bonus and stock-award
incentives that the other executives get. I did my part by voting against the pay plan
at the annual meeting. :)

Remember we were speculating about a large write-off of some sort. Throwing it into
an already bad quarter. Looks like this was it. I guess the other good news is that
it was non-cash.

Ears <long Upstart>
Post New | Post Reply | Report Post | Recommend It!
Print the post
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
Unthreaded | Threaded | Whole Thread (3) |


Announcements
Upstart Holdings FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of UPST | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community