There is probably no bigger name in venture capital than Kleiner Perkins (officially known as Kleiner Perkins Caulfield Byers or...
I dig deeply into the $5.3 billion acquisition of data aggregator Plaid by $500 billion payments network Visa. We examine why this deal is worth 25-50x revenue, while Yodlee's sale to Envestnet was priced much lower. We also look at how Plaid could be an existential threat to Visa, and why paying 1% of marketcap to protect 200 million accounts may be a good bet. Broader implications for product manufacturers across payments, investments, and banking also emerge -- the middle is getting carved out, and infrastructure providers like Visa or BlackRock are moving closer to the consumer.
Most p2p investors with Prosper or Lending Club want to know one piece of information above all else. What is the...
Most Lending Club investors have seen this little compare link on their Account Summary screen. You can see it right...
There was good news last week for the nation’s credit card holders. The total revolving consumer credit card debt continues...
Brendan Ross is one of the few financial advisors who gets p2p lending. He is the principal of Ross Asset...
[Update: Much of the information here is now out of date. Please see the latest tax guide here.] Last night...
Last week Bloomberg published a lengthy piece titled “How Lending Club’s Biggest Fanboy Uncovered Shady Loans”. The article focuses on...
Lending Club has hired Santiago Suarez, JPMorgan's head of new technologies; he will join Lending Club as the firm's head of strategy and mergers and acquisitions; at JPMorgan, Suarez was involved with testing blockchain and machine learning; he also worked in the bank's corporate strategy group, focused on managing top strategy issues for the bank. Source
Last month I wondered whether the holiday-shortened month would impact the record run that Lending Club and Prosper have been...