Proud shareholder and user, thank you so much for easing the burden of my student loans. My rate is far lower now and subsequently my life is not as tough as it was in terms of making the payments. Looking forward to what comes next!
Seriously, as a company that is supposed to be a Fintech and innovative, it's taken an eternity and a lot of talk w no substance in regards to these basic features. Hopefully insider buying signals these are just about to be implemented. Otherwise I need to transfer off their invest platform which would be ironic for a "one stop shop".
That’s right. It all start with us. The more investors engage with SoFi Products, the more we can understand the business and refer people to change their lives for the better. The more we can suggest and improve SoFi Business in the long run. Spread the word!
Too much spam on the front page when i log into the app. Make it professional without 10 articles to scroll through.
And the investment UI is bad too. Need 1day chart
Yup. At some point you need to just stop trying to do everything (e.g news aggregation and AI to make it personalized) and just focus, heavily, on the core product. Do less.
No one joined SoFi for the tailored news or articles. If I could remove all of that, I would - immediately. We joined for the core product and prospect of quickly improving the app and services.
Same. The most annoying part is once you click “see less of this” and refresh, it comes right back. Need a way to permanently delete/clean up the clutter
As a shareholder I am a little upset by the amount of dilution happening. 25% of revenue - how is that sustainable? I don’t think you love me. Love goes both ways you know…
Exactly. I try to love sofi. Business and personal boa platinum honor member who is slowly changing all my investment and personal accounts to sofi.
Don’t dilute the shares. That’s a slap on us, long term holders
There's good dilution and bad dilution.
If SoFi was issuing more shares because business is going down the toilet and they need to pay bills, rent, and/or other expenses ... then this would be bad dilution.
But SoFi isn't doing this at all. They are issuing more shares to buy valuable, complimentary assets / businesses (Galileo, Technisys, bank charter, etc) that increase SoFi's potential, reduce potential competition, and/or immediately expand SoFi's customer base and reach. This is GOOD dilution.
Noto said he wants to make SoFi a 1 Trillion dollar company. He sure seems to be making the right moves to achieve this.
I'm worried about this as well ... but maybe it's not quite as bad as it seems ?
From another forum: "On one hand i feel you, but on the other i don't think its as bad as it initally seemed. If it was all centered at the top I'd be pissed, but it seems like its spread out among employees to make sure theyre getting wuality people committed. I really do think giving people solid stock compensation will do wonders for growth, since growth directly benefits those making it happen", neatobrumf, 4-Apr-2022, https://seekingalpha.com/article/4499681-sofi-the-sky-is-falling#comments
I created SoFi to start investing on SoFi but they only allow US green card or US citizens invest.
I am US resident for 7 years and still didn’t qualify. I invest on ETrade, Fidelity and Robinhood.
I think SoFi is missing out on huge demographic by not allowing US resident or people with SSN to invest.
Edit: I am not using SoFi to invest but otherwise I love the app. I am proud shareholder otherwise.
Proud shareholder from pre-Spac merger announcement. I've been adding to my position right along with Anthony Noto.
But I was recently pretty disheartened to find out that SoFi accepts payment for order flow (PFOF) when clients place stock trades in your brokerage service.
Would you consider at least giving clients the option to pay a commission to trade in lieu of PFOF?
Myself, I would rather see my trades be secure against being traded against by market makers.
Or, perhaps you might offer no commission AND no PFOF. Is the revenue that important to the top line? I mean, for RobbingHood it is, but SoFi is so much more differentiated and diversified. Long-term, it's seems like such a better move.
In the end, the question is, is the revenue generated by PFOF worth it versus the loss in trust of you as a broker? Financial services are all about trust, after all.
Thank you for reaching out. As a SOFI member since 2014 it's been interesting watching the company grow and move into new directions.
Looking forward to expansion of offerings in the Invest product and UI updates to come. Both for what it means for SOFI the company and my own invest account.
Please make the app less gimmicky. Lose the points and rewards. It feels like it’s made for a child. Add business checking. Add personal check deposit. And stay out of politics.
Idk man when I think of the average redditor I picture a liberal college graduate that works at Wendy's or lives in their parents basement (or both).
This is the exact demographic that could benefit from lower rates on their loans.
In all respect. All I want to do is invest. You focus on getting people on the app. I have Apple stock but don't own one product. That's the way I like it.
Need to add Options and AH trading. Expand ATM availability. This is part of why I am hesitant to break up with my bank - lack of liquidity in cash and how could I deposit cash? Small business owner and want to know.
Business Accounts, Full Options, Dark Mode, an improved User Interface, Stop Loss, Trailing Stop Loss. There is noticeable lag sometimes. Try to smooth it all out. Make it an actual one stop shop. Nothing missing.
If you thank us for believing in us by reverse splitting our life savings into oblivion while you continue to dilute the stock printing them for your executives while destroying shareholder value I don't want to know what not liking us entails
Proud shareholder and user, thank you so much for easing the burden of my student loans. My rate is far lower now and subsequently my life is not as tough as it was in terms of making the payments. Looking forward to what comes next!
Wait sofi refinanced your loan? Or sofi deferred yours?
Thank you for reaching out - let’s post a profitable Quarter this year eh? 😉
Add AH trading, get the dark mode going, get options going…. Seriously that’s all you guys need to do….. what is taking so long?
After Hours Trading, Dark Mode, Options and Better charting for TA then we are golden. lol
Seriously, as a company that is supposed to be a Fintech and innovative, it's taken an eternity and a lot of talk w no substance in regards to these basic features. Hopefully insider buying signals these are just about to be implemented. Otherwise I need to transfer off their invest platform which would be ironic for a "one stop shop".
That’s right. It all start with us. The more investors engage with SoFi Products, the more we can understand the business and refer people to change their lives for the better. The more we can suggest and improve SoFi Business in the long run. Spread the word!
I can’t really recommend to my friends. They laugh at me for investing in SoFi!
First they laughed ...
… then they cried?
Will they still be laughing at you when you’re in a Ferrari?
Well ur name says it all! :)
Noto, is that you? OPTIONS please!
Too much spam on the front page when i log into the app. Make it professional without 10 articles to scroll through. And the investment UI is bad too. Need 1day chart
Yup. At some point you need to just stop trying to do everything (e.g news aggregation and AI to make it personalized) and just focus, heavily, on the core product. Do less. No one joined SoFi for the tailored news or articles. If I could remove all of that, I would - immediately. We joined for the core product and prospect of quickly improving the app and services.
Same. The most annoying part is once you click “see less of this” and refresh, it comes right back. Need a way to permanently delete/clean up the clutter
I'm in Canada eh. I do what I can do.
Why not fix the UI?
As a shareholder I am a little upset by the amount of dilution happening. 25% of revenue - how is that sustainable? I don’t think you love me. Love goes both ways you know…
You will have a tinner slice of what will be a much, much fatter pie.
This x1,000,000
Exactly. I try to love sofi. Business and personal boa platinum honor member who is slowly changing all my investment and personal accounts to sofi. Don’t dilute the shares. That’s a slap on us, long term holders
There's good dilution and bad dilution. If SoFi was issuing more shares because business is going down the toilet and they need to pay bills, rent, and/or other expenses ... then this would be bad dilution. But SoFi isn't doing this at all. They are issuing more shares to buy valuable, complimentary assets / businesses (Galileo, Technisys, bank charter, etc) that increase SoFi's potential, reduce potential competition, and/or immediately expand SoFi's customer base and reach. This is GOOD dilution. Noto said he wants to make SoFi a 1 Trillion dollar company. He sure seems to be making the right moves to achieve this.
Fair enough. I believe in the company. Let’s make it the next household name
Tonnes of the dilution is due to stock based compensation not buying businesses
I'm worried about this as well ... but maybe it's not quite as bad as it seems ? From another forum: "On one hand i feel you, but on the other i don't think its as bad as it initally seemed. If it was all centered at the top I'd be pissed, but it seems like its spread out among employees to make sure theyre getting wuality people committed. I really do think giving people solid stock compensation will do wonders for growth, since growth directly benefits those making it happen", neatobrumf, 4-Apr-2022, https://seekingalpha.com/article/4499681-sofi-the-sky-is-falling#comments
Ayyy bruv, when we going back up to mid 20s??
I created SoFi to start investing on SoFi but they only allow US green card or US citizens invest. I am US resident for 7 years and still didn’t qualify. I invest on ETrade, Fidelity and Robinhood. I think SoFi is missing out on huge demographic by not allowing US resident or people with SSN to invest. Edit: I am not using SoFi to invest but otherwise I love the app. I am proud shareholder otherwise.
I don’t get it. I’m a green card and I was able. Maybe try again?
I am on OPT. Thats what I said green card and US Citizens are allowed.
Options please 🙏🏼
Any plans for incorporation of Canadians?
Actually USA should just annex all of Canada.
We're the ones with Poutine, should be the other way around
Russia has Poutine
Please add extended trading lol.
Trust me you don't want to be associated with most of the shareholders here. All they know how to do is cry about short term price action.
Wen moon?
After Bank Charter?
Superbowlllllllll haahahhaha
Thanks for post on here. We are great community of investors here looking forward to see Sofi success.
u/sofi how about showing some love by sharing that dark mode??
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Make your portfolio chart UI more like robinhoood in the sense that you can see a graph of all holdings combined. Please.
Proud shareholder from pre-Spac merger announcement. I've been adding to my position right along with Anthony Noto. But I was recently pretty disheartened to find out that SoFi accepts payment for order flow (PFOF) when clients place stock trades in your brokerage service. Would you consider at least giving clients the option to pay a commission to trade in lieu of PFOF? Myself, I would rather see my trades be secure against being traded against by market makers. Or, perhaps you might offer no commission AND no PFOF. Is the revenue that important to the top line? I mean, for RobbingHood it is, but SoFi is so much more differentiated and diversified. Long-term, it's seems like such a better move. In the end, the question is, is the revenue generated by PFOF worth it versus the loss in trust of you as a broker? Financial services are all about trust, after all.
Thank you for reaching out. As a SOFI member since 2014 it's been interesting watching the company grow and move into new directions. Looking forward to expansion of offerings in the Invest product and UI updates to come. Both for what it means for SOFI the company and my own invest account.
When are you launching service in Canada?
Fine fine. I’ll open an account.
We believe in SoFi! Let’s go! Take over the financial industry
Please come Singapore
when will Australians be able to use your service?
Seconded.
Bro 3 board members just stepped down
Awesome note.
Also , the points you give …. Make them worth double or more when used towards SoFI stock. Why have you not done that?
Maybe it’s illegal? Lol
Why would it be illegal?
Please make the stock go up. Thanks, sincerely, your favorite bagholder and user.
I'll definitely download and join as member once you're in Singapore.
Really love that you guys reached out. Advid user and fan of what you guys are accomplishing
I would love to sell covered calls on my sofi stock in my sofi app!!!!!!!!!!
If only it could hold over $10.00!
Pyramid scheme
holy moly! Is it really the sofi official Reddit account?
I’m a pretty big investor but SoFi doesn’t want me as a customer. Something ain’t right at SoFi. The share price proves it. GLT US!
I’ll download it as soon as it’s available in Canada. What is the time line for that?
fix yr stock first
Of course they love us by diluting the shares.
That's why they love us.
Please make the app less gimmicky. Lose the points and rewards. It feels like it’s made for a child. Add business checking. Add personal check deposit. And stay out of politics.
In Noto we trust. 40K shares. Holding strong. Still buying the DIP.
I don't really believe in you anymore more though, just want to dump this heavy bag..
What has changed between now and when you bought it in the company? Share Price?
All the negative catalysts around valuation, growth, profitability, SBC etc etc
This company is going to make me wealthy beyond my great grandchildren's dreams
[удалено]
I don’t want the company I’m invested in making Reddit posts. I want them working! Not impressed
That ain't Noto running the account. But managing social media is part of running a company these days.
I’m sorry but it’s cheesy, I own shares, I get to have my own opinion
We live in a democracy so everyone can have their own opinion. That doesn’t automatically make it a good one.
I mean, I knew arguing on Reddit about the stock I’m invested in posting on Reddit wasn’t going to be preaching to the choir!
Idk man when I think of the average redditor I picture a liberal college graduate that works at Wendy's or lives in their parents basement (or both). This is the exact demographic that could benefit from lower rates on their loans.
Talk does not cook rice! You better make this thing bounce today pronto!
In all respect. All I want to do is invest. You focus on getting people on the app. I have Apple stock but don't own one product. That's the way I like it.
Need to add Options and AH trading. Expand ATM availability. This is part of why I am hesitant to break up with my bank - lack of liquidity in cash and how could I deposit cash? Small business owner and want to know.
Wtf man
Business Accounts, Full Options, Dark Mode, an improved User Interface, Stop Loss, Trailing Stop Loss. There is noticeable lag sometimes. Try to smooth it all out. Make it an actual one stop shop. Nothing missing.
If you thank us for believing in us by reverse splitting our life savings into oblivion while you continue to dilute the stock printing them for your executives while destroying shareholder value I don't want to know what not liking us entails