“Backtesting”: both an exciting and a dreadful word. Exciting, because when we design an algorithmic investing strategy, we’re eager to show how it should perform. When we released the first iteration of the LendingRobot algorithm in 2014, we did not have any trading history.
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.
As with any investment, the key to determining returns is knowing the value of the underlying assets. For LendingRobot Series, this is entirely dependent on the Series unit values and the number of units an investor owns.
Thanks to the JOBs act, which introduced Rule 506(c) to Regulation D, we are allowed to share some of LendingRobot Series’ data publicly.
Bond Street is a different kind of alternative lending origination platform that focuses on technology, data and design. They focus on small business lending.
Today we’re excited to announce our newest addition to LendingRobot: LendingRobot Professional.
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…
There are many franchises and some are supported by loans from ApplePie Capital. ApplePie Capital is an origination platform with a new type of concept. It focuses on small business franchising.
LendingRobot Series is what is called a ‘pooled investment vehicle’. Like the name suggests, investors pool their money together into one big pot. This is called the “fund.”