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Lending Club


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2015 Feb 1, 8:27pm   2,351 views  2 comments

by Patrick   ➕follow (55)   💰tip   ignore  

name:Lending Club
street address:71 Stevenson Street
SF zip:94105
home page:https://www.lendingclub.com/
jobs page:https://www.lendingclub.com/public/careers.action
owner:
SF employees:
description:

peer-to-peer lending company

post a job at Lending Club FREE!

#sftech

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1   Patrick   2015 Aug 17, 9:56am  

this place has unreasonably good growth:

from http://finance.yahoo.com/q/is?s=LC+Income+Statement&annual

but is it a good deal to buy shares at 5B market cap? how do we know what it's worth when it's still losing money?

2   Patrick   2016 May 9, 8:16pm  

http://techcrunch.com/2016/05/09/lending-club-shares-are-crashing-after-its-ceo-resigns/?ncid=patrick.net

Lending Club shares are down more than 25% — shaving off hundreds of millions of dollars off the company’s roughly $2.5 billion market cap — after it announced its CEO would resign following an internal review of $22 million in near-prime loan sales to a single investor.

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