LC
LendingClub Corporation
stock NYSE

Ngl.... It's not LC.... It's LinkedIn. Everyone who uses that as social media is the same way, circle wind talking and making word soup to sound deeply insightful and profound. It's a great place to scroll and get a laugh though.

#😘 to all the predictable LC haters about to flock to this post

how is this a "garbage take"?
he is right, this *is* gambling, there is potential for addiction
is anyone here a clinical psychologist to provide a subject matter expert opinion on this, instead of.....
because imo, it's a risk to consider for management
for example, what if markets start tanking the next few years like the bubble pops?
what will happen culturally.....
you remember the loot boxes in call of duty? it was fine at the start, but with a few cultural events that go political.. things can turn ugly! cancel culture..
if politics or popular culture turns on vices like gambling, short sighted thinking, short cuts, etc which happens historically during economic downturns (usually the masses turn on the mania of speculative investing and its derivatives like 1690s deep sea treasure hunting projectors were **hated** by the masses after the bubble popped.. RC.. LC.. Musk, these CEOs who stir the pot to create demand whether inflated or not etc usually get pursued by the angry witch hunting mobs).
there's serious risk of backlashing from society on this business model.. especially since kids are involved.
that's a risk to manage and pro-actively

Shop LC has pixiu charms in the $100-150 range and 25% off codes but small size. I'm looking at them now.

That's great that GameStop is transparent about it. But the reason I made this post is cuz I had just looked at the front of superstonk. There are 5 card posts I see. None of them show anything about percentages. Just the 4 wins and one LC loss. An understanding person posted a screenshot below in this thread that answered my question. How could I have known that you knew the percentages beforehand when I hadn't seen that page before? I'm on here pretty regularly but maybe I missed that. So I'm fairly certain other less intense investors such as myself would have also missed that. Doesn't seem like an unreasonable request to me.