firstly, have you seen affirms numbers compared to zip, and looked at affirms register?
Other than for tech (and subsequently their share price) getting hammered, particularly fin tech, they (affirm and zip) are like chalk and cheese
The remaining holders must think they’re smarter than the funds and instos, because there’s good reasons the likes of affirm and Afterpay trade on much higher multiples, and there’s also good reasons why there has continued to be minimal fund and insto interest in zip……
”the update didn’t indicate the ceiling is collapsing” - other than implying their entire business strategy, which they arrogantly decided to do to differ from the likes of Afterpay, isn’t working?
two capital raises incoming, otherwise sezzle via script then a raise for extra money in the kitty..
it is a very dire position for zip, and I think they know it
all in my opinion, do your own research
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