[Karen37a]

if someone is profitable in our space they can do very well with a (venture backed) IPO. you heard it first here "Smart Capital will be coming into our space to back MCA winners". Next 6-12 months...

Marcus are you saying that you are going to have or be a venture backed ipo or that individual mca companies are going to be the individual venture backed ipo....

[Cfairbank]

Interesting piece by Candace Klein, ex-CSO of Dealstruck, on the demise of the company and the state of the market.

https://www.crowdfundinsider.com/201...-still-broken/

[WestCoastFunding]

Interesting piece by Candace Klein, ex-CSO of Dealstruck, on the demise of the company and the state of the market.

https://www.crowdfundinsider.com/201...-still-broken/

Very interesting. Although what she calls "bad habits" is really "the need for immediate working capital".

[staten]

Interesting piece by Candace Klein, ex-CSO of Dealstruck, on the demise of the company and the state of the market.

https://www.crowdfundinsider.com/201...-still-broken/

Funny how she says they didn't sue MCA companies..........Dealstruck sued everyone. Maybe she is looking for a job with Trump.

[brokerCompany]

Funny how she says they didn't sue MCA companies..........Dealstruck sued everyone. Maybe she is looking for a job with Trump.

She was heartbroken from the election results, she had to get that in.
So she is probably not a Trump fan. I guess the lawsuits did not make the company profitable

[Sean Cash]

Funny how she says they didn't sue MCA companies..........Dealstruck sued everyone. Maybe she is looking for a job with Trump.

True. There was one very public lawsuit that they filed against 3 merchant cash advance companies at once.

[FunderFL]

Interesting piece by Candace Klein, ex-CSO of Dealstruck, on the demise of the company and the state of the market.

https://www.crowdfundinsider.com/201...-still-broken/

Why would anyone listen to her about the state of our market? She was suppose to be Chief Strategy Officer at Dealstruck for almost 3 years, why isn't she taking any blame for the companies downfall? Like most in our society today, it is always someone else's fault.

Dealstruck tried to come into our space and offer a similar product with much cheaper rates, guess what that doesn't work. Like most of the large players in this industry that offer the 12 month 1.12 deals, it will never work in the long run. All of these players are using wall street or other people's money - so they just don't care, no skin in the game. There will always be a place for MCA, yes there are bad operators in our space as there is in most other spaces. The guys that are lending other peoples money at bank like rates and think they will be around a year or two from now are in for a rude awakening.

And for Candace, good luck in your next venture maybe this time you will learn from your past mistakes and take ownership of your own house before you try and blame others.

[WestCoastFunding]

Shorter Candace: "We went out of business. But it wasn't our own fault. It's our customers' fault."

[Michael I]

Why would anyone listen to her about the state of our market? She was suppose to be Chief Strategy Officer at Dealstruck for almost 3 years, why isn't she taking any blame for the companies downfall? Like most in our society today, it is always someone else's fault.

Dealstruck tried to come into our space and offer a similar product with much cheaper rates, guess what that doesn't work. Like most of the large players in this industry that offer the 12 month 1.12 deals, it will never work in the long run. All of these players are using wall street or other people's money - so they just don't care, no skin in the game. There will always be a place for MCA, yes there are bad operators in our space as there is in most other spaces. The guys that are lending other peoples money at bank like rates and think they will be around a year or two from now are in for a rude awakening.

And for Candace, good luck in your next venture maybe this time you will learn from your past mistakes and take ownership of your own house before you try and blame others.

100% agree

[Christian]

Such an emotional OpEd... It's Trump's fault I bet. Or maybe not enough gender diversity in the space...

[staten]

Such an emotional OpEd... It's Trump's fault I bet. Or maybe not enough gender diversity in the space...

Zero need to be sexist here. Flawed industry assessments by men are the norm. Stick to the merits.