33 Comments

Insightful. Thanks Tariq for the great work.

Expand full comment
Apr 7, 2022Liked by Tar

Awesome read only heard about upstart now having read this seems like a great fintech

Expand full comment

Awesome blogpost Tariq.Thanks for sharing this wonderful analysis. Would love a similar in-depth analysis of Roblox.

Expand full comment
Mar 21, 2022Liked by Tar

Great read. I don't know much about US regulatory environment but if you have to do something similar in India; I wonder the difficulties with data sharing from aggregators, different parties involved will just kill you.

Expand full comment

Great reading. Packed with lot of information which is not known to many. Excellent effort by you. Looking forward to next publications.

Expand full comment

Great article. As a Data science practitioner who is learning finance, this article is very helpful. As you mentioned, upstart's customers are from credit Karma. I would like to dig more, and see how is the relationship with this credit Karma, because I see the risk of credit Karma going to multiple platforms such as upstart in the future, which might damage the laters earnings in the future.

Expand full comment

As always, great article, very insightful.

Expand full comment
Mar 20, 2022Liked by Tar

Good write up.

Expand full comment

Thanks for the well written article. Besides expansion to other loan products, it would be interesting to know if they plan to expand geographically to other regions like Europe, Australia. That could reduce dependency on one bank and test the execution outside comfort zone of USA.

Expand full comment

Hey Tariq, Superb read as always. Thank you so very much for the insights you bring in. I just have a quick question, when upstart makes an entry into small business/mortgage lending wouldnt there be already existing players who would then have an edge over upstart. We already have companies like drip capital in US or Reevoy in India which are into similar AI/ML based lending or factoring business. Wouldnt they be having a larger market share considering them having an earlier headstart. Do you see any hindrance to upstarts growth?

Expand full comment
Mar 20, 2022Liked by Tar

Good stuff. A very neat and practical application of ML which actually makes sense, unlike many of the so-called "AI powered" companies.

Expand full comment
Mar 20, 2022Liked by Tar

bhai why cant the big banks start their own algos why to depend up on upstart? after a decade or two the old might get a lil redudant as well na? is my understanding correct bhai?

Expand full comment
Mar 20, 2022Liked by Tar

Insightful, as always!

Expand full comment

As always, great article! I was wondering if you analysed "Affirm" while performing the research for this article. If yes, how would you rate it just in terms of business model?

Expand full comment

HI,what are the websites you use to research us companies?

Expand full comment

Great work by publishing the special situations dashboard. Request update it regularly, say monthly, so that investing public can benifit from it. I know it is too much of work, but i am sure u will take care of your baby (dashboard). Thanks

Expand full comment