Ann: SZL Files Confidential Registration for Proposed IPO, page-452

People are hesitant about the next quarterly results imo. Last time the Q2 and 10-Q were released, there was a drop, so there is some uncertainty right now. Buyers just don't want to take the risk. It will really be up to Charlie to restore investor confidence.

I guess an interesting thing I found, Charlie follows Affirm and Max Levchin (founder of Affirm) on twitter. It's probably nothing, but maybe there is a slim chance of M&A. He doesn't follow afterpay, klarna etc.