I have previously mentioned that, since Q3 of 2020, Shopify has returned to “seasonally normal” quarters. Well, this quarter was abnormal in a very good way. Shopify revenues usually contract sequentially by 6% or 7% in Q1, but this time revenue actually accelerated sequentially! (if only by 1%, but still a big deal considering how the quarter usually goes.)
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Upstart Q4 2020 Earnings Review
Written on 3/20/2021
Upstart, a company that specializes in AI based creditworthiness, rose nearly 100% in a single day after it reported a blowout earnings report. They grew revenues 34% QoQ or 40% YoY, but what is special about that? The guidance! They guided for 75% YoY growth for Q1 and, for the full year 2021 they guided for 114% YoY growth.
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4/9/2021
Welcome to Exponential Dave, where I will show you how I grew my wealth 225% in a single year! Although I do not expect to ever make that kind of money in a single year again, I am highly confident I will continue to trounce the S&P 500. This blog will walk you through how I make investing decisions, and I will provide details on stocks that I am either already investing in or am considering investing in. My portfolio updates will be published at least quarterly, and I may even discuss some personal finance topics.
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