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Re:Nikola founder to be sentenced for federal fraud charges by minwcnt5 on Monday December 18, 2023 @02:31PM (#38687067)
I wouldn't call SoFi a failed company (yet). They're still at roughly 10B valuation, same as what they IPOed at. That's actually pretty remarkable in this economy for a company that's still in pre-profit growth mode.

OpenDoor isn't that bad either, they're down 60% from IPO, but a real estate company being able to retain that much value with the massive hike in interest rates also seems pretty good (competitors have done much worse, e.g. Compass and Redfin).

Re:Nikola founder to be sentenced for federal fraud charges by FireBeyond on Monday December 18, 2023 @05:12PM (#38689107)
> that's still in pre-profit growth mode.

SoFi started operations in early 2011.

How long are they planning to be in "pre-profit growth mode"?