UPST : No Hype Price , Entry Here !

After I've considered risks below , I accept to buy at current valuation.

- Revenue is non-recurring. ( transaction based )
- Concentration Risk on customer side : Cross River Bank
- Concentration Risk on supplier side : Credit Karma
- Competition
Still competition with other Giant Tech whose consumer data flow via their platform. They can train own AI with data inside company.
- Regulatory Risk
Upstart is not responsible for NPL% , default. Unknown problem from State policy may force concern player to take action in some way.

Proper bet should be made in small allocation !