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06-30-2015, 05:39 PM #1
Quarterspot gets $250M valuation and sells 38% equity
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06-30-2015, 05:51 PM #2
valuations are off the charts and climbing!!
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06-30-2015, 06:51 PM #3
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
I was about to do a lender spotlight on them... I don't think I need to anymore!
Amanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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06-30-2015, 06:54 PM #4
- Join Date
- Jul 2014
- Posts
- 22
great company great people.
They deserve it.
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06-30-2015, 07:19 PM #5
lol I like how no one can even wait for the press releases anymore. We're going straight to the Reg D filings!
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07-01-2015, 09:26 AM #6
- Join Date
- Sep 2014
- Posts
- 430
I've never paid off a first position from Quarterspot. I guess being unethical/stacking does pay off.
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07-01-2015, 11:15 AM #7
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
Amanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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07-01-2015, 12:53 PM #8
- Join Date
- Sep 2014
- Posts
- 430
Knowing that (probably) every advance/loan contract has a Due on Sale or Encumbrance default clause, or similar, as well as likely calling on UCC lists where the lender has tortious interference language in their collateral description, yes they are unethical regardless of pricing. I'm not sure what price has to do with this at all...
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07-01-2015, 10:25 AM #9
the company is worth $700 million? that put s them up there with Rapid, according to all the charts produced
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07-01-2015, 10:32 AM #10
Quarterspot gets $250M valuation and sells 38% equity
Valuation and lifetime funding figures are two different things.
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07-01-2015, 10:41 AM #11
that is a big valuation for a company that compared to some of the others in the industry is relatively new
John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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07-01-2015, 11:23 AM #12
As much as I love them, I do not have much faith in their portfolio's long term viability.
Zachary Ramirez – CEO
Phone: 562-391-7099
Email: zach@zacharyjosephramirez.com
1661 N. Raymond Ave #265
Anaheim CA 92801
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