Mike retweeted
Today, we launched @SoFi Earn (SOFIE), the first and only national bank-issued tokenized deposit for consumers.
We’re bringing the best of banking to the digital money ecosystem, because your money should keep working for you until the moment you need it.
Meet SoFi Earn (SOFIE), with 4.40% APY* and FDIC protection.^ 📣
It's the first-ever bank deposit token for SoFi Crypto, designed to provide a home for idle crypto funds, like stablecoins. Buy and hold SOFIE to earn interest and protect your deposit.
Learn more about SoFi Earn today 👉 sofi.com/crypto/earn/?nocach…
Mike retweeted
The team has no shortage of ideas when it comes to Zeta Live. Some are an easy yes, some take a little more convincing, and some are probably better left as surprises. There’s a lot happening behind the scenes as we get ready for next week, and I can’t wait to see it come to life. #ZetaLive26 $zeta
LG 🚀🚀🚀
Mike retweeted
The OCP Global Summit begins with @LisaSu.
Join AMD's Chair and CEO for the #OCPSummit26 Opening Keynote:
Building the Next Era of AI Infrastructure
📅 Oct. 12
⏰ 4:15 p.m. PT
Mike retweeted
$APP
Let's dive into this a little more...
So Adam (ceo) believes the company can compound the core gaming vertical by 30%/year. I think this very possible - especially if you look at the amount of games that are not monetizing (yet).
Revenue forecast: 30% CAGR
- TTM: $6.83B
- 2027: $8.88B
- 2028: $11.54B
- 2029: $15.00B
If we assume they have the same FCF margin at ~ 66.3% (possible, we'll see) - it looks quite appealing.
FCF forecast:
- TTM: $4.53B
- 2027: $5.89B
- 2028: $7.66B
- 2029: $9.95B
I think we should also project some buy-backs given the aperture of the management team to consistently buy back shares in a tactical manner. So, if we project -1.5% share reduction/year onwards: thats roughly 320M by 2029.
That means in 2029, the break down:
- Share count: 320M
- FCF total: $9.95B
- FCF/share: $31.10
Time for our multiple model - keeping in mind the historical median is about 35x FCF...
- 15x FCF: $466
- 20x FCF: $622
- 25x FCF: $777
- 30x FCF: $933
- 35x FCF: $1088
Yeah, I think I like AppLovin at ~$300, a 23x FCF multiple - especially if it can continue to grow at these rates.
$APP
Super-Investors tomorrow's cash flows at today's price.
For AppLovin, that means:
Today: 23x FCF
2027: 18x FCF
2028: 14x FCF
2029: 10x FCF
In 2029, if AppLovin traded at today's multiple: the stock would be $715 per share.
$APP
Mike retweeted
We're the first national bank to bring stablecoin settlement live across @Mastercard's global payments network. @SoFi is migrating its entire $25B+ card program to blockchain-based settlement.
The speed of blockchain, with the safeguards of a bank. Let’s go‼️
investors.sofi.com/news/news…
Mike retweeted
$GRAB
CEO Anthony Tan buys 10,350,000 shares of Grab at $2.89/share.
Anthony has been a net seller on the open market since the company went public. This is first open market purchase.
Obviously, for him to buy $30M of stock while his net worth is around $300-400M shows how significant of a purchase this is and how much he thinks the market has lost their minds on this name.
We are now looking at a public valuation LOWER than what Grab was worth in the private markets. Their enterprise value is $7B and they will profitably do $4.2B of revenue this year.
Really nice to see an insider buy — it has been a tough hold but the broader thesis, in my opinion, is being executed in a VERY strong way with a horrible macro backdrop .
For a CEO who has been criticized for many insider sells (many of which were pre-planned and also deserved given the guy founded the company and wasn’t liquid for a decade) it is nice to see him put almost 10% of his net worth into the company he started 15 years ago via purchases on the open market.
Grab Holdings President & COO Alexander Charles Hungate also bought $867K of $GRAB with 299,571 shares at a $2.89 avg.
The markets are the greatest game on earth, they will test your patience, they will turn your stomach inside out, they will drive you crazy as the price of an asset goes down while fundamentals get better, every bear case will make more sense as you see the price go down, but one thing is clear: execution and compounding earnings wins in the end.
It’s nice to see a C-suite that believes in that themselves and takes advantage of that with a sizeable amount of their personal networth.
The story continues!
Mike retweeted
$PLTR In Q2 2022, Alex Karp, amid declining revenue growth, said that Palantir would reach $4.5 billion in 2025. TTM revenue was $1.74 billion.
A 2.5x in 2.5 yrs.
On CNBC yesterday, Karp said that they will reach $15-18 billion in FCF in two years. A 5x in 2yrs.
I believe him.
Mike retweeted
Our CEO @AnthonyNoto sat down with @amitisinvesting and @stevenfiorillo on @basispointpod for an hour-long conversation on where SoFi is headed.
Worth your Friday night. 🎙️
Mike retweeted
$ZETA CFO Chris Greiner has guided GAAP profitability for the first time ever in 2026...
- EPS Target: $0.02-0.04
I ran my own projection.
Of course, I think their guide is ridiculously conservative.
- WM EPS Target: $0.11-0.13
That suggests a 175% beat at the bottom of my projected range. I'll be dropping my assumptions and calculations soon.
2026 could be the BREAKOUT year...
$ZETA
Mike retweeted
Big news!! @SoFi has been named by @Forbes' as No. 1 in the U.S on the World's Best Banks list 💥
We operate with the speed of a fintech and the discipline of a bank - all to help our members get their money right so they can live their dreams. Let's go SoFi!
SoFi ranked No. 1 in the U.S. on @Forbes' list of World's Best Banks 2026 🏆
Thanks to our members who know we're more than just a bank—we're a one-stop shop to build your financial life and achieve your ambitions.
Check out the full article here 👇forbes.com/sites/shefalikapa…
Mike retweeted
$HIMS revenue is up 10X+ in 5 years.
Legal risk is gone.
The price to sales ratio is at all time lows.
Mike retweeted
Here’s my second interview with David A. Steinberg.
CEO & Co-Founder of Zeta Global.
Inside Zeta’s AI Moat: The $10B Roadmap
This conversation goes deeper into $ZETA's long-term strategy. We talk about...
- Becoming a $10B/year company.
- AI / SaaS narrative.
- Zeta' Data MOAT.
- Gross Margin.
The first interview focused on the foundation.
This one highlights the momentum.
🔗 Full interview: youtu.be/_u47CNKVo8Q
Always a pleasure, @dsteinberg10000.
Mike retweeted
This year, SoFi delivered our strongest financial performance in company history.
More people than ever before are joining SoFi to get their money right. We’re meeting this massive opportunity head on with faster innovation to be there for every major financial decision for our members, and every day in between, all in one place.
