[isaacdstern]

FT reported that OnDeck posted annual losses of $16.8m and $24.4m in 2012 and 2013, and losses of $14.4m in the first half of 2014.

Are you kidding me.....

does this remind anyone else of the dot com bubble of the late 90's

company losing money hand over fist going goes public and flops on their face

Insane!

[freddy]

Reminds me of the mortgage issues of the early 2000's, the internet bubble of the 90's, Wall St. Junk in the 80's...
In the end - the companies that will remain and gain strength are the companies that are fiscally responsible without looking for "Short-cuts" as a way to acquire "Short-term" business and income.

Also reminds me of the steroid era in baseball - records were smashed, record setting contracts and attendance - but where is Sammy, Mark and Barry these days? They all made money during the pumped up period - but I can bet you that the majority of these players all had the mentality of the junkies, webbies and home busters - they thought the money would keep on rolling in, they would be unstoppable and they would ride the wave forever.

We are in it for the longhaul - together with our partners (ISO's) we intend to be here for a long time.