BiasedMedia

@davegirouard Prove it in the stock price, which is now $26, about the same as when the company IPOed. Pulling quarterly guidance to give yourselves operating "flexibility" was a huge mistake - it shows Wall Street you don't have reliable planning to even give quarterly revenue & cost ranges.

In the not too distant future, when $UPST is a $10B revenue company, I will have a lot to say.

@HenryInvests @playsmart9 @paulxgu @paulxgu I get that switching to annual guidance gives UPST flexibility in operating strategy, but it also shows that the company doesn't have its shit together bc they can't even provide quarterly revenue and cost ranges.

@HenryInvests @playsmart9 @paulxgu Doesn't matter if UPST management guided for opex growth to "moderate" if they fail to provide quarterly guidance. It risks exactly what happened in Q1 where the front loaded costs took Wall Street by surprise because management didn't communicate an estimate.

Upstart $UPST posted 64 Trustpilot Reviews Monday, 62 Tuesday, and 59 Wednesday, each of which represents the ATH for that specific day. #UTPI has now reached a new all-time high

@paulxgu Stock back to $26 today. Ask yourself why UPST is one of the worst performing Fintechs in the last 12 months and of all-time.

@paulxgu Defend your stock! It's back to $26 today. Do more interviews. Communicate cost projections better. Removing quarterly guidance was a huge mistake, and the stock price keeps getting punished.

First quarter in the books as CEO. Earlier today, we reported a strong start to the year. If you didn't listen, here's my main takeaways:

@paulxgu @boilerjoe99 Problem is Wall Street doesn't believe your guidance, especially after that negative EBITDA and higher expense surprise in Q1. Removing quarterly guidance was a terrible mistake.

@boilerjoe99 3.5x the revenue, committed capital, and +3 products now compared to our first public quarter. Optimizing for profit too soon would be a mistake, but per our guide, profit is coming

@SenMikeLee Distillation is actually common practice, even Anthropic said as much. You clearly have no idea what you're talking about. Also, these "fragile" models work as well as or better than US ones, from Americans who've used both. So stfu you lying hypocrite.

Glad that President Trump is taking the threat of China’s espionage seriously. Next step: ban them from America’s national labs.

@mkratsios47 @RapidResponse47 Distillation is actually common practice, even Anthropic said as much. You clearly have no idea what you're talking about. Also, these "fragile" models work as well as or better than US ones, from Americans who've used both. So stfu you lying hypocrite.

The U.S. has evidence that foreign entities, primarily in China, are running industrial-scale distillation campaigns to steal American AI. We will be taking action to protect American innovation. These foreign entities are using tens of thousands of proxies and jailbreaking techniques in coordinated campaigns to systematically extract American breakthroughs. Foreign entities who build on such fragile foundations should have little confidence in the integrity and reliability of the models they produce. The U.S. government is committed to the free and fair development of AI technologies across a competitive ecosystem, from open-source to proprietary models. Read the memo: whitehouse.gov/wp-content/upl…

@mb_ghalibaf US can't be trusted, and Israel will continue to do everything possible to make sure the US never pulls out of the fight. Both countries are terrorists.

@win32ce @DrDD5436 @SenatorSlotkin Clearly you have no understanding of how competitive and innovative the Chinese car market is and how much better the price AND quality of their cars are. Learn some facts first before sprouting nonsense.

@DrDD5436 @SenatorSlotkin Nope, the CCP doesn't support free markets or competitive businesses. They will go broke subsidizing manufacturers so other businesses can't nnt compete with them at all. There is no upside to this for Americans except some short term low priced, low quality products

Inviting Chinese automakers to set up in the US is bad for Michigan and our economy. The Chinese Communist Party makes these cars dirt cheap with state subsidies, and they're a national security risk: collecting video + driver location data, which could be sent back to Beijing. reuters.com/business/autos…

@SonofKiese @ntohny @SenatorSlotkin China doesn't subsidize the production of EVs anymore. But no, you'd rather take your politicians words at face value instead of fact checking. No wonder people like you are so gullible.

@ntohny @SenatorSlotkin They are literally state-subsidized vehicles But “muhhh free-market” 🤡🤡🤡

@SenatorSlotkin How much is the US auto industry and US military industrial complex playing you? Btw, get your facts straight. China only subsided EVs and stopped doing that. Just like how the US subsidized EVs as well.

@davegirouard @Upstart "I'm all in" - meaning you personally bought a material number of shares? UPST just hit a new 52 week low today, dipping under $25. Price is back to 2023 and 2024 levels...

.@Upstart Bank will be the first US bank built from the ground up on AI. Our business will more efficient, more scalable, and less complicated than ever before. Having AI under the direct supervision of the preeminent federal bank regulator (OCC) will unlock rapid AI adoption across the entire industry. I'm all in.

@paulxgu Are you going to use the remaining stock buyback program to buy more shares now that $UPST has hit a new 52 week low at $25? This price level is back to 2023 and 2024...

Over the past week, we repurchased $100M of $UPST. As students of the Buffett school, our bar for deploying capital to anything other than growth is extraordinarily high. $31.31/share met it. As a result, every shareholder’s ownership stake is 3.4% bigger. Now, back to work!

@petkevichdan @paulxgu Seems neither of you actually read the article. It literally said that in China the public views surrogacy as "morally dubious and exploitative".

@paulxgu Had the same thought. Extremely pre-Christian behavior.

This is what happens when you purge a society of its moral foundations and leave naked ambition and intelligence as its primary values.

@paulxgu Did you not read the article? Literally says that in China the public views surrogacy as "morally dubious and exploitative". Unless your criticism here was targeted at the US for allowing the abuse of surrogacy.

@SnakeDoc98103 @CIA Let's bring down traitors like you and the CIA

@CIA Let's bring down the CCP

ICYMI yesterday CIA released two Mandarin-language videos aimed at recruiting Chinese officials to help the U.S. youtube.com/watch?v=fU2T8R…

@denisewu @CIA Denise is Chinese since Taiwan is a part of China. Denise is just a self-hating Chinese who's in self-denial and wishes she could be a spy for the CIA.

@CIA CIA can just comb through the Chinese living in Irvine, California for these kind of targets. Everyone know Chinese politicians and wealthy families have set up their alternative life outside China in Irvine.

@STall_Future @Sino_Market Lol cope. Trump has been begging for China to call him.

🇨🇳🇺🇸 #BREAKING China’s Ministry of Commerce stated that it has noted repeated remarks by senior U.S. officials expressing a willingness to engage in tariff negotiations with China. Recently, relevant U.S. parties have also proactively conveyed messages to China, hoping to initiate talks. In response, China is conducting an assessment. The Ministry emphasized that if the U.S. truly wants to negotiate, it must demonstrate sincerity by preparing to correct its wrongful practices and take concrete actions, including removing unilateral tariff hikes.

@roneysize @myrasayed Lol so reality in China is pro China propaganda? I bet you only believe in anti China propaganda and don't even see that as propaganda.

@myrasayed I sure am seeing a lot of pro China propaganda posts on X these days.