Results 1 to 7 of 7
Hybrid View
-
08-28-2014, 09:29 AM #1Senior Member
Reputation points: 13596
- Join Date
- Feb 2013
- Posts
- 1,285
Lendingclub files IPO $$500m
Agreed...great model!
-
08-28-2014, 12:40 PM #2Sponsor
Reputation points: 3174
- Join Date
- Dec 2012
- Posts
- 116
Lendingclub files IPO $$500m
If it's such a great model, why do they lose money?
Originally Posted by isaacdstern
-
08-28-2014, 12:43 PM #3Sponsor
Reputation points: 3174
- Join Date
- Dec 2012
- Posts
- 116
It originated $1.8 billion worth of loans in the first six months of the year, more than doubling what it did in the same time last year.
The company slid to a $16.5 million loss in the first half of the year from a small $1.7 million profit in the same time last year.
http://dealbook.nytimes.com/2014/08/...ype=blogs&_r=0
-
08-28-2014, 12:59 PM #4Veteran
Reputation points: 135672
- Join Date
- Sep 2012
- Location
- New York City
- Posts
- 3,189
No match for your Quicken brethren, eh?
Reply With Quote
Similar Threads
-
UCC from Corporation Service Company? Anyone know who files this UCC?
By Andy in forum Merchant Cash AdvanceReplies: 16Last Post: 05-16-2014, 05:06 PM -
Anyone know who files UCC using AUREOLIN SERVICES?
By Just wondering in forum Merchant Cash AdvanceReplies: 1Last Post: 05-14-2014, 11:11 AM -
Yellowstone Capital can assist you in funding your DECLINED and HIGH RISK files
By isaacdstern in forum PromotionsReplies: 0Last Post: 03-27-2014, 08:34 AM -
LendingClub Said to Reach $2.3B Valuation in DST Funding
By CO1 in forum Merchant Cash AdvanceReplies: 5Last Post: 11-20-2013, 11:07 AM -
Who files UCC's as 250 Ventures?
By merchant cash cloud in forum Merchant Cash AdvanceReplies: 1Last Post: 10-02-2013, 03:49 PM
