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Dec 4, 2023 · Oportun has made several expensive forays into tangential business areas with little understanding of the risks involved. In addition to capital allocation mistakes, Mr. Vazquez has created an extravagantly bloated expense structure as we noted in our public letter to the Company in March, 2023.
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Nov 30, 2023 · Cream-O-Land’s carton supplier, Pactiv Evergreen, which calls itself the market leader, blames higher-than-usual demand. Dairies use the summer to stock up. This supposedly did not happen this year.
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