Upstart

Building your investment thesis

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Analysis in progress

Loading income and cash flow data

Revenue, margins, and free cash flow across 5 years

Reviewing 10-K disclosures

Reading the latest earnings call

Pulling analyst estimates

Distilling the big idea

Understanding how they make money

Auditing the numbers

Evaluating competitive advantages

Sizing up the leadership team

Sizing the opportunity ahead

Building a valuation framework

Writing the final call

Building the quality scorecard