Quarterspot gets $250M valuation and sells 38% equity
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  1. #1
    Senior Member Reputation points: 13325 isaacdstern's Avatar
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    Quarterspot gets $250M valuation and sells 38% equity


  2. #2
    Senior Member Reputation points: 13325 isaacdstern's Avatar
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    valuations are off the charts and climbing!!

  3. #3
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    I was about to do a lender spotlight on them... I don't think I need to anymore!
    Amanda Kingsley
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  4. #4

    great company great people.

    They deserve it.

  5. #5
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    lol I like how no one can even wait for the press releases anymore. We're going straight to the Reg D filings!

  6. #6
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    I've never paid off a first position from Quarterspot. I guess being unethical/stacking does pay off.

  7. #7
    Veteran Reputation points: 135660 Chambo's Avatar
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    the company is worth $700 million? that put s them up there with Rapid, according to all the charts produced

  8. #8
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Quarterspot gets $250M valuation and sells 38% equity

    Valuation and lifetime funding figures are two different things.

  9. #9
    Veteran Reputation points: 158919 J.Celifarco's Avatar
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    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

  10. #10
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    Quote Originally Posted by CreditGuy View Post
    I've never paid off a first position from Quarterspot. I guess being unethical/stacking does pay off.
    So they "Stack" and offer a 2nd position at a fraction of what others offer and they are unethical? Of all companies...
    Amanda Kingsley
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  11. #11
    Senior Member Reputation points: 30475 Zach's Avatar
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    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

  12. #12
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    Quote Originally Posted by WhoisKingsley View Post
    So they "Stack" and offer a 2nd position at a fraction of what others offer and they are unethical? Of all companies...
    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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