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First off, I'll use my initial post here in Shrewdom to thank Manlobbi, profusely, for providing these boards. Thank you, thank you, thank you. I am amazed! Huzzah!!!

Upstart is a fascinating company to me, and, I think, to many others. It's now a small-cap: $1 billion market cap, but in the not very distant past that number was a LOT bigger. They are applying AI to qualifying people for loans, a matchmaker between lender and borrower, taking a small slice of the pie.

They were a popular Saul stock that had incredible growth, and actual profits! Then over the last year, their business dried up with the rate hikes and lenders/investors fearing a coming recession, so they're losing money now, but are still expanding in some ways: into auto lending, small business lending, small dollar amount lending, and intend to move into the biggie: mortgage lending. Maybe they'll rebound in a huge way when the interest rate and lending environments improve?

Anyway, there was never an UPST board at the Fool, and Saul banned discussion on his board since it wasn't a growth stock anymore. I'd like to see if we can get some discussion going here.

Thanks again, Manlobbi!

I extremely appreciate your kind words. Thank you BenSolar!

Your new board - Upstart Holdings!
http://www.digitalscores.com/MB?bid=1509

Another great place to discuss, if not Upstart, then a lot of true SaaS firms - Software as a Service Gems!
http://www.digitalscores.com/MB?bid=22

This second board is a comfortable fire-side chat for SaaS firms with broader discussion scope, so it can be a useful intellectual contrast.

If you have emails of SaaS investors, you could invite them also to increase momentum.

I really do believe in the enormous economic strength that SaaS firms have - provided, as I wrote in the introduction at Software as a Service Gems, they have something inherent about them that allows them to retain customers. Customer retention always seems easier than it is, until 12, or 20 years pass, and the product can be completely surprised by something else. The value of firms, even more so the rapidly growing ones, are largely based on the earnings 20+ years away, rather than the earnings only 3, 5 or 8 years away.. so long-term durability is so vital and easily overlooked, as I write much about in the Manlobbi's Descent book.

- Manlobbi

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