Upstart Holdings Inc at Bank of America Global Technology Conference Transcript

Jun 08, 2022 / 05:15PM GMT
Nathaniel Holmes Schindler - BofA Securities, Research Division - Director in Equity Research

I'm Nat Schindler, I'm very happy to have Sanjay Datta, CFO of Upstart.

Questions and Answers:

Nathaniel Holmes Schindler - BofA Securities, Research Division - Director in Equity Research

You guys all have probably seen Upstart, and I want to jump right into this question. How does it feel being probably one of the most exciting stocks in all of Wall Street?

Sanjay Datta - Upstart Holdings, Inc. - CFO

It depends on the direction of the excitement.

Nathaniel Holmes Schindler - BofA Securities, Research Division - Director in Equity Research

Yes. And so it seems like a flippant question, but actually, it has implications. So we are seeing a lot of Silicon Valley companies that have been affected. Your stock in 18 months that you've been public went from $20 to $400 to, whatever, $45-ish, which is actually a very good performing IPO right now, in that cohort $20 to $45. That's
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