Comments on: Lending Club to Announce $12 Million in New Venture Capital?

By: Mike

Mike — Sat, 11 Apr 2009 17:06:47 +0000

Do you think LC should be investing any of this money into some of the loans that just miss getting funded or not? In a way, it kind of puts their money where their mouth is, but it does take this money away from other needs.

By: F

Wed, 18 Mar 2009 20:52:22 +0000

This would be good news for those who are already deeply entrenched in the marketplace, looking to get their feet wet and those who are on the fence on the longevity of the platform or the availability of VC capital in this market. Hopefully we’ll see an official announcement in a few days from LC. Hopefully it will mean they can further push out into new advertising realms and grab some new clients (borrowers and lenders). Me, I’m excited just as long as they don’t blow it all purchasing loans. Follow the Field of Dreams mantra… If you build it, they will come. Lenders and borrowers will come if the platform can prove successful and stay on top of late loans first and foremost.

By: Lending Club to Announce $12 Million in New Venture Capital? | P2P … « Venture Capital

Wed, 18 Mar 2009 11:38:45 +0000

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