[MCAVeteran]

On deck already had a bid by wonga to purchase them and that deal didn't happen. It takes time for the right valuation to come around that makes sense for both parties and until you find the buyer at the right price , you continue to work on technology and growth branding. Most technology based companies have an exit strategy in their corporate DNA - so there may be new owners for some companies down the road but the brand name should stay around. The impact to wholesale channels shouldn't be an issue unless the new ownership mgmnt decides 3rd parties are no longer of interest or selling their product services-

[Chambo]

On deck already had a bid by wonga to purchase them and that deal didn't happen. It takes time for the right valuation to come around that makes sense for both parties and until you find the buyer at the right price , you continue to work on technology and growth branding. Most technology based companies have an exit strategy in their corporate DNA - so there may be new owners for some companies down the road but the brand name should stay around. The impact to wholesale channels shouldn't be an issue unless the new ownership mgmnt decides 3rd parties are no longer of interest or selling their product services-

On Deck thought themselves exponentially more valuable than Wonga offered. I guess Sherif is still drinking the Kool aid that they will get bought out for $1 Billion