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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "The Most Anticipated IPO of 2025" video.
Just a new coat of paint on payday loans I say
20
It's game theory. As soon as the risks/rewards of a dirty industry become widely known, it has to get reinvented in order to get honest people involved to keep the scheme going.
14
Probably the same guys that have bought into every bubble over the last 20 years.
9
@wentoneisendon6502 high interrest high fee small loans targeting teens?
5
I've only used this service when they offered 0 interest as a promo, saved a little money by making an account using a dummy email account I use to receive junk mail. I love screwing over VC firms like that.
5
Because their method has an identical risk/reward and is already profitable.
2
@coolinmac payday loans are a type of legal loan shark. You give people a small short term loan using a pay stub as collateral. Of course, the high fees and high interest means only teenagers who don't know better and gangsters who don't intend to repay take these loans
1
Not necessarily. It might just fail to pump
1
We are anticipating no IPOs. If these companies need funding at this interest rate, we aren't interested. I personally am no longer holding stocks at all because everything I got is going towards a real world investment.
1