Nanci Santos/iStock via Getty Images Investment Thesis The notorious fintech Upstart (NASDAQ:UPST) reported Q2 2024 results that were better than expected, which led to its share price jumping more than 20% after hours. Meanwhile, if we move beyond the positive surprises of its better-than-expected EBITDA losses, I struggle to see how investors will be positively rewarded in this name. Particularly given that as it stands, investors are asked to pay around 50x next year's best-case EBITDA scenario, whil ...