IPO May Be Around the Corner for On Deck Capital
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  1. #1
    Senior Member Reputation points: 3087
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    Quote Originally Posted by jbrown View Post
    It's great that they are funding lots of deals - good for your bottom line. How does the book perform?
    Can Capital will blow on-deck away if they file their S-1 first. I imagine on-deck will continue to fund longer and longer deals as it is easier to hide losses when you increase the duration of your portfolio. It will be interesting-given the massive amount of vc funding on-deck has blown through they absolutely need to show tremendous growth(which is great for ISOs).

  2. #2
    A few ISOS have stated that they received letters in the mail from ODC that they were in serious delinquency with their accounts they funded and are in jeopardy of losing their agent status- looks like they monitor ISO bad debt performance

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