Social Capital Hedosophia Holdings Corp V (IPOE)

[ranchhand71]

You can always check yahoo finance for company statistics

[Rock_nj]

What is IPOE’s / SoFi’s market cap now?

[frontloading]

Curious about Chamath involvement..

[kylumberjack]

IPOE owns 9% of SOFI so chamath may have additional plans for IPOE. This is a long hold play since its in its infancy. Should be going into 100 200 in the next few yrs with a steady climb. Keeping this for my retirement holding.

[BaseJumper35]

IPOE+ warrant shares trading at a significant discount! LOAD EM UP!!!!

[ranchhand71]

One of 50 on Robin Hood list

[frontloading]

took a flyer on ipoe..could be fun.

[xray168]

SOFI??? They are taking all ROBINHOODERS that got pissed this week! They are mobile banking. Everything finance. Home loans, refinance, personal loans, student loans, buy and sell stocks and crypto, personal banking and much more! They will be worth hundreds of billions if not more! People now flooding to it from robinhood! Merger coming soon! I was thinking 60$ target for this year, now believe 100$ this year is entirely possible as the public falls in love!

[4investor]

Exactly... and you are buying in on chamath. I’ll take that bet...

NJ what exit?

[Rock_nj]

IPOE / SoFi could be a monster stock in 2021 and beyond. Revenue estated above $1 billion by 2025.

[ranchhand71]

https://www.fool.com/investing/2021/01/29/heres-why-this-chamath-palihapitiya-led-spac-is-sk/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

[ClayTrader]

* * $IPOE Video Chart 01-29-2021 * *

Link to Video - click here to watch the technical chart video

[ranchhand71]

Here is the pitch that lead investor in IPOE made to investors and is publicly included in the SEC filing. Note that is contains forecasts which are allowed in SPAC transactions but prohibited in IPO process.

SOFI Pitch From lead SPAC Investor January 2020
(Filed publicly with SEC and presented on CNBC)
Investment Thesis for SoFi - $IPOE
Summary
??Incumbent banks have been hamstrung coming out of The Great Financial Crisis
??Legacy technology that is, in some cases, 50-70+ years old has limited the capability of incumbent banks to thrive in an increasingly digitally native world
??Meaningful changes to regulatory capital ratios, reduced activity in profitable business areas such as trading, and increased operational oversight have all restricted their growth
??Focus on short term return on equity has driven restrictive lending practices and poor customer experience
??Shareholder returns and total market cap of the largest banks have been flat and, largely, decoupled from rates since Dec-2013
??Innovation is emerging rapidly to disrupt these legacy banking practices
??Since 2010, 296 “Neobanks” have been funded to disrupt core checking and savings account capability globally
??Since 2010, more than $500B has been invested worldwide to disrupt the entire financial services ecosystem
??Consumer expectations in FinTech are converging to what consumers already demand in other areas of the economy; driving a consumer migration from legacy products to new startups that offer:
??Low/no fees
??Fair and transparent lending
??Multiple products and a “one stop shop” for a variety of a consumer’s financial needs

Qualitative
??SoFi has built a suite of best-in-class digital solutions to help consumers “get their money right”
??More than 56k ratings in the app store, average of 4.8 stars
??More than 1.8M unique members in 2020, expected to grow to 3M unique members by 2021
??SoFi offers a full suite of lending products and financial services to consumers which has driven increasing adoption and sequential QoQ growth over the past six quarters:
??Lending: Student Loan Refi, In-school Lending, Personal Loans, Home Loans, Credit Card
??Financial Services: SoFi Money, SoFi Invest, SoFi Credit Card
??SoFi also offers the leading Enterprise banking infrastructure platform for other FinTech companies
??This “AWS of FinTech” (aka Galileo) provides the core banking infrastructure that not only powers SoFi but also other leading FinTech companies including:
¦?Robinhood, Chime, Dave.com and MoneyLion among others
??Galileo infrastructure was responsible for enabling a large majority of all new Neobank account creation in the US in 2020
Quanitative
??Best-in-class CAC and Churn allow for best-in-class contribution margins and rapid growth
??65% of Home Loan sales came from upsells to existing members
??24% of all new product sales came from upsells to existing members
??Adjusted Net Revenues are scaling rapidly with 5yr CAGR forecasted to be 43%
??2020: $621M
??2021E: $980M
??2025E: $3.67B

??Forecast profitability in 2021 with growing Adj. EBITDA margins approaching 32% by 2025:
??2020: ($66M)
??2021E: $27M
??2025E: $1.17B
??Margin of Safety for new investors:
??EV: $6.58B
??Equity Value: $8.65B
??6.7x 2021E EV/Revenue
??1.8x 2025E EV/Revenue
¦?1.6x 2025E EV/Revenue with bank charter
??13.6x 2025E P/E
¦?~9x 2025E P/E with bank charter

[ranchhand71]

When does the actual merger between spac ipoe and sofi actually close?.

[BaseJumper35]

Im just glad I took advantage of the weakness Wednesday- its nice to be up a comfortable 35% or more knowing that we will eventually reach at least 20$/share on these warrants within the year IMO... I'm treating this the same way I treated SBE last year- anytime I can load heavy and stay strong to run up over 100% mid term- its a big win!

have a great trading strategy that has been working and it is insane- bought my first house two years ago and paid it off this year. Buying another house now... incredible opportunity to be had in this market that I think will only continue to get more volatile as the younger or more novice investors join in

[ranchhand71]

.?? Google “ipoe” and “Sofi” There is excellent corporate presentation there.

[ranchhand71]

Nice overlap between Robinhood millennial customers and SOFI customers. Maybe some are waking up to potential for SOFI stock ( when merger closes) ?

[BoilerRoom]

What does this company do?

[xray168]

Heck ya!!! I also just swept clean my robinhood account of all assets to transfer to SOFI!

[zekester15]

Hell yeah. Picked up a couple hundy today.

[4investor]

Boom! Chamath for prez!

[BaseJumper35]

Hey For sure- Thanks!! I have been tuned out today- trying to jump on a property that just came up

[xray168]

VERY NICE BUYS YESTERDAY! looking great now as expected! Thanks for those repeat prices! :)

[xray168]

Rights to buy the stock for a fixed price and a term life under certain circumstances. In this case 11.50$(Exercise price) + The warrant trading price. (IPOE.WS)6.35 + 11.50 = 17.85(Total share cost). These do not have to be paid for all at once and you will get a minimum of 30 days notice prior to. Im a buyer of SOFI there all day and anytime i can find it available. The warrants trade under the symbol IPOE.WS. They are not available on things like SOFI invest or Robinhood. I do believe these warrants will remain uncalled until expiration date giving them in the long run significant value! Some of these SPAC companies will issue calls upon their warrants after merger arrangements when terms have been met causing sell offs as it dilutes the shareholders in order to raise further capitol. I currently do not see the need for SOFI to call for this in which certain conditions must be met anyway.

[stocksofk]

Hey, What are warrants? Can any one buy it? Please share some details :) Thanks!!

[xray168]

THATS AWESOME! I DID THE SAME ON SHARES AT 17.97! I also got 10,000 warrants today at 6.35! Loved seeing these prices again! Will continue to load if opportunity is going to strike again. !

[BaseJumper35]

Doubled my warrant position today... after merger complete, commons will be hard to get below $40 and I believe over the next 3-5 years have a very fast growth. This company has performed extremely well, I have always liked SoFi. The warrant play here is a no brainer, I did grab a few commons but I'm warrant heavy.

[xray168]

9/26/25 could still call for cnversion but i doubt they will... these warrants could hit 100s

[Mr B]

What’s the terms on those? Threshold and duration?

[ranchhand71]

SOFI? In 4-6weeks?

[xray168]

Yes it will be... I have a good amount of warrants to go along with my shares. This is the kind of stock you can buy large amount of warrants on bottom and then add the shares weekly... I LOVE SOFI! EVEN buying SOFI on my SOFI account!

[BaseJumper35]

This is going to be a big runner once it starts heating up!!

[BaseJumper35]

AND THATS WHY YOU PLAY THE WARRANTS!!!!

[BaseJumper35]

BOOOOMMM!!!

[BaseJumper35]

NICE!!! I feel like this one is very quiet compared to other buzz. Once information starts flowing and this gets attention its going to be big! SoFi is Awesome.

[HokieHead]

Comparison to Affirm's IPO today..

Affirm IPO AFRM:
PPS: $100.00
Current MC: $24 Billion
2020 Sales: $500 million

SoFi SPAC IPOE:
PPS: $19.00
Current MC: $16 Billion (est 865m OS post merger)
2020 Sales: $621 million (est per IR Deck)

For SoFi to trade at the same valuation as AFRM's debut it should trade for $28 PPS. I currently think SoFi will be the FinTech to own of 2021. 50% upside just to match AFRM's valuation.

[xray168]

You know who loves SOFI?? MAD MONEY! He will give it a giant thumbs up soon enough! That will give this a little more attention and eyes. Im happily adding to this and will keep adding weekly. SOFI will be a GIANT

[HokieHead]

Added commons, seeing what valuation Affirm has IPO'ed at SoFi will be in the mid 20's soon just off that.

[BaseJumper35]

loaded a bunch of warrants last week! This isn't getting the attention it deserves, but I think it will be coming.

[Steph70]

Quick question, (I’m a newbie) was there any date given when it will go live and what will the symbol be?

[ClayTrader]

* * $IPOE Video Chart 01-08-2021 * *

Link to Video - click here to watch the technical chart video

[BaseJumper35]

Buying more warrants... when this thing moves those warrants are going to pay for themselves

[BaseJumper35]

Agreed. Don't think it was seen by many yet. Most of the SPAC plays have all acted the same- major jump, consolidate, and climb...

[xray168]

People will find this over the weekend and pile in Monday!

[BaseJumper35]

added 1000 warrants and started a position :)

[xray168]

Absolutely!!! Took larger position on pull back and added 5,000 warrants!!

[BaseJumper35]

no brainer here... SoFi has been listed as one of the best options for consolidating debts on many sites, especially private student loans. I recall them being the best option advertised and provided to me years and years ago. This is a home run IMO.

[xray168]

Another GEM!

Social Finance ("SoFi"), a next-generation financial services platform, has entered into a definitive agreement with Social Capital Hedosophia Holdings Corp. V, a publicly traded special purpose acquisition company, to bring a major consumer-focused financial technology business to the public markets.The transaction values the company at an equity value of $8.65 bln post-money.SoFi is a "member-centric, one-stop shop for financial services, including loan refinancing, mortgages, personal loans, credit cards, insurance, investing and deposit accounts, that has allowed more than 1.8 million members to borrow, save, spend, invest and protect their money since its inception."SoFi delivered over $200 mln in total net revenue in Q3 of 2020 and is on track to generate approx. $1 bln of estimated adjusted net revenue in 2021, representing yr/yr growth of approx. 60%, and full-year adjusted EBITDA profitability.The transaction is expected to deliver up to $2.4 bln of gross proceeds to the combined company, including the contribution of up to $805 mln of cash held in SCH's trust account from its initial public offering in October 2020. The combination is further supported by a $1.2 bln PIPE at $10 per share.