I need to build a list of these companies. This buy now pay later stuff is going to end horribly bad at some point. These will be some of the best shorts we will ever see. There’s nothing tech or innovative about it.
Most of those websites advertise no interest when paying later. I’m sure the fine print is as long as every payment is on time. I’m sure 1 late payment triggers a ton of fees, interest, etc. It’s no different than finger hut.
They’ve been around for DECADES and started as a catalog order business. If this is all that the best and brightest in SV can innovate, then SV is dead.
I started following tweets only recently, about 1+ months ago… I have a twitter account like 5-10 years ago… can’t remember how long but very long ago. Many interesting characters and tweets.
Even though I don’t know what UPST does, can still come up with a voodoo on it. If the count is correct, wave 4 or 4.a should be completed AH. If it breaks below 61.8% retracement - $203 - my count is wrong, and is in wave 2.
Fintech stocks have been hit hard. His portfolio comprises mostly Fintech stocks. Is the reason why he felt that way. Puru felt the heat too. Puru decided to hedge by shorting ARKK.
