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 the business of qualifying people for loans, serving as a matchmaker between lender and borrower, taking a small slice of the pie.

They were a popular Saul stock (hyper-growth investor with a large following at discussion.fool.com - Saul s investing discussions ), a company that had incredible growth and actual profits! The latter, along with the growth and a compelling story, enticed me into becoming a shareholder.

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 from their first and largest market, personal loans, into auto lending, small business lending, small dollar amount lending, and they 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.

I'm looking forward to Shrewd investors' thoughts on Upstart!