Kevin Rose Loves Lending Club
Rose shared on Google Plus that he became interested in peer-to-peer lending after Fred Wilson’s Union Square Ventures invested $25 million into Lending Club in August. He has since sold off a significant number of his stock investments and has begun investing in Lending Club notes with a Lending Club PRIME account. Rose shared that he is currently earning an 8% rate of return.
He discussed his new investment on a recent episode of Diggnation (starts at 5:00):
You can also read our Lending Club Review