+0.0
net board stance
what this means
27.34
-2.5% · close 2026-09-08
-12% / -12% / -60%
1m / 3m / 12m
-40%
vs SPY since 2023-01-13
7%
of 52w range · -60.3% off high
—
hit rate as primary
Where we stand — 0 live ideas
No active idea holds this ticker. Anything below is history.
Where the winds are blowing
NET BOARD STANCE, LAST 60 EPISODES —
rising = the besties are building this position, falling = abandoning it. Replayed from
score_events; an idea counts from birth until its window closes.
PRICE VS SPY OVER THE SAME WINDOW, % — did the
talk lead the tape or follow it?
Who's pushing which way
each voice's net push ON THIS TICKER — their most recent stance per idea × the idea's direction × strength, so supporting a bearish idea pushes down. Not conviction (that lives on the idea); this is direction of travel per person. what w= means
Track record on UPST
No closed window has used this ticker as its primary play, so there is no scored record here yet. Adjacent plays are listed but never scored.
| idea | call | play | verdict | R | α | closed |
|---|---|---|---|---|---|---|
| 📈 Fintech is fin, not tech — margins and multiples reckon | ▼ SHORT | adjacent | MISS | -36.3% | -62.6 | 2025-01-26 |
| 📈 Rate-arbitrage fintechs implode as their cost of capital rises | ▼ SHORT | adjacent | HIT | +38.0% | +49.7 | 2023-03-26 |
The tape — what was actually said
every capture on any idea holding UPST, newest first · quotes verbatim, timestamps deep-link into the episode
Chamath
support ×2
▼ on
📈 Fintech is fin, not tech — margins and multiples reckon
E163 · 2024-01-26
▶ 1:18:14
maybe your example of fintech being more fin than tech is a very early sign of what may be happening to the rest of all of these companies that we point to and say, that is a tech company.
Sacks
support ×3
▼ on
📈 Fintech is fin, not tech — margins and multiples reckon
E163 · 2024-01-26
▶ 1:22:30
I think you're right. It is a reckoning. And the reason for that is because FinTech is one of the hottest spaces during the bubble. I have this saying that the hotter they are, the harder they fall.
Friedberg
support ×3
▼ on
📈 Fintech is fin, not tech — margins and multiples reckon
E163 · 2024-01-26
▶ 1:13:12
a lot of, quote, FinTech businesses are looking like Fin businesses without the tech... I think we're in this kind of like realizing the truth, which is that a lot of FinTech businesses are just Fin businesses.
Chamath
support ×2
▼ on
📈 Rate-arbitrage fintechs implode as their cost of capital rises
E73 · 2022-03-26
▶ 19:55
Neobanks are another example. The number of Neobanks that have been funded at exorbitant valuations, where the problem is all of these financial services companies are essentially an arbitrage on rates. When rates are zero, they take that money at 0% and then they can go and execute a business model and sell that money at 1% and take the difference. But when their cost of capital is 2 or 2.5 or 3%, the whole business implodes on them. So you're going to see a bunch of these financial services companies get under pressure.