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Answers from Airbnb, Questions for Upstart
Motley Fool Money
The Balance Sheet Isn't the Vision That Upstart Originally Had, Tim.
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Timothy Stanley: I feel like that model is not necessarily what shareholders have bought into over the last year and a half. They're using a lot of their own money to say, yeah, we'll write personal loans for people and carry those loans on our balance sheet. And so put this in context a little bit. Yes, the loan volume looks to be up a little bit; they're earning some fees on it, but they're also taking some extra risk here.
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