3 Comments

Thanks for the article. Much about Lending, not much about the Tech Platform or the Financial Services platform. People are crying for transparency in the other areas; not your fault of course. It's hard to explain the 3 legged stool vision with so little news.

Expand full comment

Hi Chris. I sent a couple tweets; don't know if I've been doing it right. I have a question:

Someone shared recent reserve ratio data for SoFi; would you explain why the ratio dropped so much, or are we misinterpreting? This doesn't seem good to me. Thank you.

Q1 2024

Cash $3,693,390

Deposits $21,604,594

Ratio 17.1%

Q2 2024

Cash $2,334,589

Deposits $22,996,963

Ratio 10.2%

Expand full comment

Thank you for being so brilliant

Expand full comment