Nasdaq: Can Upstart Become a Trillion-Dollar Company by 2050?
From Nasdaq:
The article discusses Upstart, a fintech company listed on NASDAQ, and its potential to become a trillion-dollar company by 2050. The company uses AI and machine learning to disrupt the loan approval process and has seen significant growth, although it stills remains below its record high. The article outlines the company’s growth potential, its innovative AI lending platform, and its plans for expansion. However, it also highlights the challenges the company has faced and the need for it to demonstrate profitability and growth in different economic scenarios. The author believes that it is unrealistic to expect Upstart to reach a trillion-dollar market cap by 2050 due to overly optimistic TAM estimates and competition from larger financial institutions. The article also includes a disclaimer and a recommendation from the Motley Fool Stock Advisor team.
Original: Can Upstart Become a Trillion-Dollar Company by 2050?