I left Google in 2012 to found Upstart with Anna and Paul.
Fast forward 8 years, and today marks an important milestone for Upstart.
Upstart (UPST) has become a publicly traded company.
When we started the company, we were convinced that technology and data science could improve access to affordable credit, but we were a little fuzzy on the details. It seemed obvious that there was room for improvement: Why should a credit score invented 30 years ago, prior to the emergence of cloud computing and modern data science, decide who is approved for a loan and who isn’t?
Simply put, credit unlocks opportunity and mobility – and thus the price of credit equals the price of the American dream. This is why we founded Upstart.