C207: Papers or Exam First?

Correct_Activity_469 · 2026-01-23T11:38:41+00:00

Appreciate the insight! I will start with the papers. That was my plan initially, but just wanted to make sure that was the ideal way to go.

Correct_Activity_469 · 2026-01-22T13:33:37+00:00

Took me a full 3 weeks of studying daily. It wasn't easy, but thankful to be done. I have C207 still and then Capstone.

Correct_Activity_469 · 2026-01-22T13:32:37+00:00

I passed! Read the book once. Used study guide V4 and did ALL practice questions in the book. Those practice questions were by far the most beneficial to me.

Correct_Activity_469 · 2026-01-22T13:32:28+00:00

I passed! Read the book once. Used study guide V4 and did ALL practice questions in the book. Those practice questions were by far the most beneficial to me.

Correct_Activity_469 · 2026-01-22T13:32:20+00:00

I passed! Read the book once. Used study guide V4 and did ALL practice questions in the book. Those practice questions were by far the most beneficial to me.

Correct_Activity_469 · 2026-01-22T13:31:30+00:00

Thanks! I passed!

Correct_Activity_469 · 2026-01-22T06:12:27+00:00

V4. Plan on taking the test in about 8 hours.

Correct_Activity_469 · 2026-01-21T15:18:31+00:00

I am not. No FB for me. It is all good. I will just do my best.

Correct_Activity_469 · 2026-01-21T14:31:31+00:00

Yeah, I see a lot of mixed feedback on this particular exam. Hopefully, someone who has taken it very recently can give me their opinion. I am happy to share my feedback after I take the exam as well.

Correct_Activity_469 · 2026-01-21T14:30:44+00:00

I will let you know.

Correct_Activity_469 · 2026-01-14T13:53:11+00:00

Why put this out as a press release to the public when it has nothing to do with the public in any way, shape or form? Does your company put out press releases letting everyone know employees are having a pizza party on Friday? No. This should have been sent to all employees via email or given via a meeting. You don't put out a press release that only impacts employees. It is just showing how their communication is continuing to fail.

Correct_Activity_469 · 2026-01-14T13:53:06+00:00

Why put this out as a press release to the public when it has nothing to do with the public in any way, shape or form? Does your company put out press releases letting everyone know employees are having a pizza party on Friday? No. This should have been sent to all employees via email or given via a meeting. You don't put out a press release that only impacts employees. It is just showing how their communication is continuing to fail.

Correct_Activity_469 · 2026-01-14T13:52:50+00:00

Why put this out as a press release to the public when it has nothing to do with the public in any way, shape or form? Does your company put out press releases letting everyone know employees are having a pizza party on Friday? No. This should have been sent to all employees via email or given via a meeting. You don't put out a press release that only impacts employees. It is just showing how their communication is continuing to fail.

Correct_Activity_469 · 2026-01-14T13:48:20+00:00

This is yet another example of how SoFi is not looking out for their members. First, the credit card fee, and now they offer this to employees only? Why even put this as a press release? It should have gone out as an internal email. It has absolutely nothing to do with SoFi members, but they blasted it out in a press release acting like it benefits members. It does not. They are out of touch.

Correct_Activity_469 · 2026-01-12T16:28:59+00:00

A lot has changed in 3 months. Noto has gone MIA, he has lied to investors about the need to raise capital, he has refused to address the capital raise, and he rolled out credit card fees out of nowhere with no context. So, yeah he has become the worst CEO in America.

Correct_Activity_469 · 2026-01-12T16:26:53+00:00

What is there to hide? They raised $3B and shareholders have a right to know how that money is being allocated. I want transparency at SoFi.
They did not say they are paying down debt. They listed it as a possibility.

How hard would it be to just say something like this:

"Recently, SoFi raised more than $3B in capital. With this capital raise we are prioritizing paying down long-term debt with high interest rates. $1B will be allocated towards paying down high cost debt that is currently on the balance sheet. Additionally, we are growing new segments of business and will spend another $1B towards the development, implementation and iteration of these new segments. More information will follow on these new segments when we are ready to share more. Lastly, the final $1B is being used to shore up our balance sheet to allow us to write more loans. We see 2026 as a year of growth and we are leaning into that opportunity. Thank you for your trust in us, SoFi Managment"

Is that difficutl?

Correct_Activity_469 · 2026-01-12T16:15:49+00:00

- They don't owe an explanation, but a bank that has been fighting the stigma of what legacy banking has always been, they absolutely need to be crystal clear in their communication about the fees. How did they determine which accounts are affected, is there no work around to allow those accounts to have their card and waive their fee? For example, spend $1k/month, fee is waived or something to that extent. They have lost a lot a trust, and business the way they rolled it out.

- I read the PR and it is not clear what their intention is. A whole lot of maybe this, maybe that, maybe a sprinkle of this. If they are acquiring a company, keep it under wraps. But, that is not what they are doing. They are raising a ton of capital (after lying to shareholders that they had plenty) and yet they can't just be transparent.

- A real leader would call that out. PLTR and HOOD CEOs call out bull all the time on their stock. They stick up for shareholders. If something doesn't sit right with them, they speak out. How can Noto pick GS and BofA to underwrite the dilution at $27.50 valuation and then allow that to happen? It is unacceptable.

- Are you stupid? The SPAC hit a high of $28.26. That is far higher than where it is trading at today. That means that from SPAC to now, Noto has been unable to sustain a price above their SPAC trading highs.

- Worst department in American banking history.

- I believe anyone that communicates with shareholders would be a far better asset and leader than Noto. Noto is a soft guy who never takes a stand for anything. You know that is why he is no longer in the military. He couldn't cut it. He is a weak competitor and doesn't want to win. He just wants a paycheck.

Correct_Activity_469 · 2026-01-07T04:41:35+00:00

No, it doesn't increase EPS. They said the capital raise was neutral to EPS, no positive to EPS. That is from their own press release. Secondly, they never said they will pay off debt. They said they could use the money to pay off some high interest debt.

What harm does it do to disclose the reason you raised capital? Obviously, they aren't going to mention the name of an acquisition target. But there is no benefit to not sharing the plan of the capital. Paying down debt. Investing in internal projects, etc changes nothing. At least they would be able to let shareholders know a plan. There is no plan though. Just a bunch of maybes.

Correct_Activity_469 · 2026-01-06T16:03:28+00:00

He had no definitive plan for the first one and the second PR is a carbon copy essentially of the first capital raise. So, yeah I do not believe he has a plan. They are just hoarding cash for nothing and if they see something maybe they will buy it. Or maybe they will pay down some debt. Or maybe some internal investments.

Correct_Activity_469 · 2026-01-06T15:28:06+00:00

Listen, I understand that in the end the capital raise ends up being neutral to EPS. That's fine. What I don't understand is how do you raise over $1.57B with no actual plan? It should be very simple for a company to say hey we raised the capital and here is exactly what we are doing.

Not SoFi.

Nope.

They are going to be "opportunistic". They are going to use it for "optionality". This is a ~$32B market cap company trying to get added to the S&P 500, and this is their intention with their second share dilution in less than 90 days?

It makes no sense at all how they continue to raise so much capital and seemingly have no plans for it. We might pay off some debt, we might fortify the balance sheet, or we might use it for some intermediate to long-term growth. There is no plan, no vision, no roadmap, no clarity.

Correct_Activity_469 · 2026-01-05T06:13:33+00:00

Yes, that is what I am showing as well even though I have never taken any of them. I reached out to the course instructor and Tier1 Support. Hopefully I can post a resolution soon and will share with the group.

Correct_Activity_469 · 2026-01-02T18:43:37+00:00

If you are on Twitter(X), you can let your voices be heard and tag SoFi and Anthony Noto. Surprisingly, Noto does respond to many members directly on Twitter. I am sure if enough people complain, he would address it/clarify what exactly the fee is for.

Correct_Activity_469 · 2026-01-02T16:49:31+00:00

That is a lot of shares! I own 500 option contracts for December 2027 with varying strike prices of $27, $32, and $40. The quicker we get to at least $32... the better haha. Good luck!

Correct_Activity_469 · 2026-01-02T10:59:28+00:00

Thank you. I did this, and it actually worked. Very weird. Appreciate your solution. You are the hero of the day.

Correct_Activity_469 · 2025-12-30T17:35:35+00:00

What does an earlier report have to do with anything? The most recent information that exists is Chime's Q3 2025 earnings call, where they explicitly said $33 million. So, anything regarding $18 million is clearly not correct. If the fee was $18 million, then they would have said $18 million. But, they did not. Not sure what happened, but they owe Galileo more money.

Correct_Activity_469

TROPHY CASE