Affirm, they are doing good by disrupting lending but at the same time we need to look at their future. I hope they don't go to a path of traditional banks where add fees to scam clients and get more money.
Roblox, is a boom now, but how they will stay like that overtime? Very small portion of the gaming industry stays for very long time.
Robinhood, customer here!!! are they going to keep growing, mainly with the competition and the recently notice that they are scamming people through hidden fees? As a customer I know that they are getting their revenue in delaying the transaction at a different price of the market, but is that going to influence others to move away to a different service?
SoFi, another similar than Affirm.
In conclusion, the big winner is still Robinhood in this contest.
All I know about stocks is going /r/wallstreetbets on some pennystocks when I'm bored, so basically none, but with the amount of issues that Robinhood has had over the last year or so I feel like it's a risky bet.
Affirm, America's leading "buy now, pay later" (BNPL) fintech firm, just closed its $264m acquisition of Canadian BNPL player PayBright and is targeting a $9B IPO. […]
Roblox, which was targeting an IPO price of ~$8B in November, will now do a direct listing at a slightly higher number: ~$30B (!!). […]
Robinhood: The popular trading app — valued at $11.7B and with 13m+ users — is considering selling some of its IPO shares directly to users on its app. […]
SoFi will go public via a SPAC backed by billionaire Chamath Palihapitiya. This move will value the online lender at $8.65B, up from its most previous private round of $5.7B.
My take on these stocks are:
In conclusion, the big winner is still Robinhood in this contest.
All I know about stocks is going /r/wallstreetbets on some pennystocks when I'm bored, so basically none, but with the amount of issues that Robinhood has had over the last year or so I feel like it's a risky bet.
I think RobinHood might reconsider their IPO after today's events...
from The Hustle: