SOFIW News and Press, SoFi Technologies Inc. Warrant From 10/25/21

NerdWallet is the latest fintech company set to go public via IPO. The company is set to IPO before the end of 2021 and could fetch a $5B valuation. Below I explore the company's key metrics contained in their offering documents and offer an opinion on the potential valuation. ...

Always look for patterns be they by the day, month or season. Sometimes even days of the week take on patterns that can make money. After several days of hard selling can create margin calls. Further selling the following afternoon even if the market is rallying. Margin clerks indiscr...

SoFi Technologies announced that it is borrowing $1.1 billion via convertible notes. Investors aggressively sold off the stock in a sign they didn't approve of the leverage and possible future dilution. However, the offering is no surprise as SoFi needs to fund aggressive growth a...

After 1000% gains, one of the biggest Tesla bulls is selling. His sales of other stocks like Virgin Galactic have been informative. Smart investors should follow his example and take profits while the time is ripe. For further details see: Chamath Sells Tesla - And You S...

Dan Loeb's 13F portfolio value increased from $14.83B to $17.08B this quarter. The number of positions increased from 125 to 126. Third Point added SoFi Technologies and increased Intel Corp. and Cano Health during the quarter. They also dropped IAA Inc. and reduced Charter Communicat...

SoFi has traded down by about 35% since it completed its reverse SPAC merger IPO in early June. The downward price pressures come as a result of the stock’s lock-up expiration, and management’s soft revenue outlook due to lower student loan refinancing volumes until 2022...

Philippe Laffont’s 13F portfolio value increased from $18.24B to $25.52B this quarter. Coatue Management increased Amazon.com, Moderna, Twilio, and Peloton Interactive while decreasing XPeng and dropping Farfetch Limited. The largest three positions are DoorDash, Amazon.com...

Newtek shocked investors with an announcement they'd be converting from a BDC to a bank holding company. A similarly surprising event occurred in 2014 when Newtek converted to a BDC. Newtek's stock collapsed by roughly 30% intraday and has only modestly recovered. Opinions are sharply...

The number of SPACs has soared in 2020 and 2021 as investor demand soared, and deal volumes surged much higher. Average deal size is rising, and some companies have completed or agreed to mergers at valuations above $10 billion. SPACs provide some key advantages to companies compa...

The following slide deck was published by SoFi Technologies, Inc. in conjunction with their 2021 Q2 earnings call. For further details see: SoFi Technologies, Inc. 2021 Q2 - Results - Earnings Call Presentation