“We’re usually looking for high-upside, grand slam investments with IRRs of 30-40% and more,” said Mike Wohl, Investment Manager of Otter Consulting, a South Florida single-family office.
The following is a compendium demonstrating the penetration of Marketplace Lending.
Lending Club is in the process of making changes to their API, so we thought it would be a good idea to explain how these changes affect the LendingRobot investor community.
Initial Public Offering: Three words that represent both the ultimate fantasy for entrepreneurs and one of the riskiest bets for investors.
Great presentation by Ron Suber, of Prosper, about the state of Peer Lending. Plus he’s mentioning LendingRobot as an example of the Peer Lending eco-system at 6’ 30″… (Source: https://www.youtube.com/)
This week, LendingClub re-introduced its Prime program.
Renaud Laplanche, LendingClub CEO. Interview on http://www.lendingmemo.com/lending-club-renaud-laplanche-interview/
LendingClub is rumored to have been valued at $2.3B in a recent investment round where it received $57M.