All Posts By Stephen Zentner

Lending Club and Uber: A Tale of Two Unicorns

The main offices of both Lending Club and Uber may be mere blocks away from each other in San Francisco, but the modus operandi of the two tech companies are worlds apart. Uber has expanded hyper-aggressively, consciously making the decision to sacrifice rule-following for the sake of growth. Meanwhile Lending Club has, for the most part, eschewed the typical Silicon Valley mantra of ‘move fast and break things’ for a more conciliatory approach.

LendingRobot Series unilaterally inks major funding deal regarding Prosper Marketplace

Institutional money is once again pouring into alternating lending. For instance, Prosper Marketplace has recently inked major deals to supply capital for financing loans originating on their platform with a procession of prestigious major institutional investors, including Soros Fund Management, Jefferies, and Third Point LLC. As the Wall Street Journal reported a few months back, these institutions have committed…

Chart of the Every Other Tuesday – American Hysteresis

GDP is long used as an indicator of the strength of the economy. If real GDP, that is, the country’s gross domestic product that has been adjusted for inflation, goes up, the economy has grown. Yippie. By this yard stick, the United States has grown considerably since the great recession. Unfortunately, a direct linear graph does not tell the whole story about how the economy is growing over time. We can obtain a clearer picture by looking at the log of GDP over time.