Levchin says credit cards are flawed, recalling how his bad credit prevented him from getting a car loan after taking PayPal public.

The loan provider sold 24.6 million shares for $49 each after lifting its forecasted offering price twice.

The loan provider sold 24.6 million shares for $49 each after lifting its forecasted offering price twice.

Today shares of Affirm, a buy-now-pay-later unicorn, started trading above $90 per share, far above its $49 per-share IPO price, a figure that was already miles above the company’s early expectations. The pop comes after Affirm raised its pricing range earlie…

Beautiful 1w setup approaching Ipo style ticker play! Fundamentally until the party stop, affirm should run up over the next couple weeks. https://t.co/2skiv0Tep0

Check out this article: Affirm, Upstart Help FinTech IPO Index Beat Sagging Retailers, Markets https://t.co/mnac7AAQZJ #businessnews #finance #marketnews https://t.co/rK3VNUS390

I was so wrong! Don’t buy tech stocks right after IPO. Early owners and investors will sell to lower risk. Market will correct company value over time. E.g., Affirm ( $AFRM ) dropped from $115 to $14.30 per share. Still good company though. Reference: https://t.co/RR1zbbTw0x

RT @ELuttwak: Only one obstacle to China's rise to #1: the sine quae non of Party supremacy at all costs..& those costs can be v high. E.g.…

RT @BarclaysCIB: We’re proud to congratulate @Affirm on its IPO today, empowering its mission to deliver honest financial products that imp…

RT @BarclaysCIB: We’re proud to congratulate @Affirm on its IPO today, empowering its mission to deliver honest financial products that imp…