Top 100 lenders

[bamalucky]

38 lenders out of the top 100 have current bids.Since i have been monitoring,that is an all time low.

[xraider]

Is Rateladder_com one of them?  Too lazy to check.

[RateLadder_com]

I have active bids, but I am not in the top 100...  top 2000 though.

[Cheerful_Lender]

I have active bids, but I am not in the top 100...  top 2000 though.

Any chance you could maintain a graph of this?  I've always been interested in top lender stats, especially activity among them.

[PatriotLender]

Using an arbitrary measure of what constitutes a veteran lender, here's one picture of their exodus:

Only 4% of veteran lenders have bid recently.¹ Just 50 lenders out of 1,243. (I quickly recognized one Prosper EE among the active bidders in this group. A better eye might find more--thus skewing an already abismally low figure.)
 
And among lenders of a later vintage:

Greater than 44% have bid recently.² Or, 13,477 lenders out of 30,423.

Quite the unhealthy disparity.


¹ Eric'sCC filter used: Avg. loan age > 500 days; loan count at least 1.
² Eric'sCC filter used: Avg. loan age between 1 to 500 days; loan count at least 1.

[traveler505]

Using an arbitrary measure of what constitutes a veteran lender, here's one picture of their exodus:

Only 4% of veteran lenders have bid recently.¹ Just 50 lenders out of 1,243. (I quickly recognized one Prosper EE among the active bidders in this group. A better eye might find more--thus skewing an already abismally low figure.)
 
And among lenders of a later vintage:

Greater than 44% have bid recently.² Or, 13,477 lenders out of 30,423.

Quite the unhealthy disparity.


¹ Eric'sCC filter used: Avg. loan age > 500 days; loan count at least 1.
² Eric'sCC filter used: Avg. loan age between 1 to 500 days; loan count at least 1.

There's an inherent bias in using average loan age to identify veteran lenders, since the quickest way to increase one's average loan age is to stop generating younger loans.  Because Prosper is not all that old, the bias becomes more extreme if you use a number like 500 instead of, say, 180; it is extremely difficult to have a 500-day average loan age when the oldest loan is about 700 days, if one is still bidding.

The better measure would be sign-up date, or first loan, but that's not a sortable field on either Eric's or LS.  I don't know if it's accessible through ProProsper, but I think the point would be best made by calculatig the percentage of lenders who signed up more than 600, 500, 400, 300, 200, and 100 days ago who are still bidding, or something along those lines.

[cubbiesnextyr]

The better measure would be sign-up date, or first loan, but that's not a sortable field on either Eric's or LS.  I don't know if it's accessible through ProProsper, but I think the point would be best made by calculatig the percentage of lenders who signed up more than 600, 500, 400, 300, 200, and 100 days ago who are still bidding, or something along those lines.

It looks possible to do this with ProProsper, I just don't know how.  Maybe I need to PM lep...

[leporello]

The better measure would be sign-up date, or first loan, but that's not a sortable field on either Eric's or LS.  I don't know if it's accessible through ProProsper, but I think the point would be best made by calculatig the percentage of lenders who signed up more than 600, 500, 400, 300, 200, and 100 days ago who are still bidding, or something along those lines.

It looks possible to do this with ProProsper, I just don't know how.  Maybe I need to PM lep...

I'll be happy to generate these stats. Stay tuned.

[leporello]

OK.  Spreadsheet is attached. I was amazed by these numbers.

Specifically, of the 563,937 members who have ever signed up for Prosper, only 34,956  (37%) have ever placed a bid.

The spreadsheet has 5 columns:
(1) Days Since Registration:   0, 100, 200, ..., 700; the earliest registration is from 780 days ago.
(2) # Members:                    how many members registered that long ago
(3) # Members w/bid:            how many of the members who registered that long ago have ever bid
(4) # Members w/bid
          in past month:           how many of the members who registered that long ago have bid in the past month
(5) Percentage left:              (4) divided by (3) as a percent

Anything else people want to see, let me know.

I am reasonably confident that I did the calculations correctly, but I'll be happy to re-verify anything that looks suspicious.

[res2]

OK.  Spreadsheet is attached. I was amazed by these numbers.

Specifically, of the 563,937 members who have ever signed up for Prosper, only 34,956  (37%) have ever placed a bid.

The spreadsheet has 5 columns:
(1) Days Since Registration:   0, 100, 200, ..., 700; the earliest registration is from 780 days ago.
(2) # Members:                    how many members registered that long ago
(3) # Members w/bid:            how many of the members who registered that long ago have ever bid
(4) # Members w/bid
          in past month:           how many of the members who registered that long ago have bid in the past month
(5) Percentage left:              (4) divided by (3) as a percent

Anything else people want to see, let me know.

I am reasonably confident that I did the calculations correctly, but I'll be happy to re-verify anything that looks suspicious.

how many members are lenders(able to place bids)? did you figure that in to your calcs?

[HollowOak]

OK.  Spreadsheet is attached. I was amazed by these numbers.

Specifically, of the 563,937 members who have ever signed up for Prosper, only 34,956  (37%) have ever placed a bid.

The spreadsheet has 5 columns:
(1) Days Since Registration:   0, 100, 200, ..., 700; the earliest registration is from 780 days ago.
(2) # Members:                    how many members registered that long ago
(3) # Members w/bid:            how many of the members who registered that long ago have ever bid
(4) # Members w/bid
          in past month:           how many of the members who registered that long ago have bid in the past month
(5) Percentage left:              (4) divided by (3) as a percent

Anything else people want to see, let me know.

I am reasonably confident that I did the calculations correctly, but I'll be happy to re-verify anything that looks suspicious.

how many members are lenders(able to place bids)? did you figure that in to your calcs?

Define "able to place bids?"

[cubbiesnextyr]

OK.  Spreadsheet is attached. I was amazed by these numbers.

Can we get a past history on these?  I.E. go back in time 1 month and run it again to see if people are slowing down.  Or is this something we have to run every month?

[leporello]

OK.  Spreadsheet is attached. I was amazed by these numbers.

Specifically, of the 563,937 members who have ever signed up for Prosper, only 34,956  (37%) have ever placed a bid.

The spreadsheet has 5 columns:
(1) Days Since Registration:   0, 100, 200, ..., 700; the earliest registration is from 780 days ago.
(2) # Members:                    how many members registered that long ago
(3) # Members w/bid:            how many of the members who registered that long ago have ever bid
(4) # Members w/bid
          in past month:           how many of the members who registered that long ago have bid in the past month
(5) Percentage left:              (4) divided by (3) as a percent

Anything else people want to see, let me know.

I am reasonably confident that I did the calculations correctly, but I'll be happy to re-verify anything that looks suspicious.

how many members are lenders(able to place bids)? did you figure that in to your calcs?

I assume "able to place bids" means registered as a lender, i.e., the Role field in the member object matches '%Lender%'.

Regardless, I did not take that into account.

[leporello]

OK.  Spreadsheet is attached. I was amazed by these numbers.

Can we get a past history on these?  I.E. go back in time 1 month and run it again to see if people are slowing down.  Or is this something we have to run every month?

I think I can take that snapshot as of a month ago. Hang on. I'm not sure, however that I won't exceed the timeout of ProProsper.

[res2]

OK.  Spreadsheet is attached. I was amazed by these numbers.

Specifically, of the 563,937 members who have ever signed up for Prosper, only 34,956  (37%) have ever placed a bid.

The spreadsheet has 5 columns:
(1) Days Since Registration:   0, 100, 200, ..., 700; the earliest registration is from 780 days ago.
(2) # Members:                    how many members registered that long ago
(3) # Members w/bid:            how many of the members who registered that long ago have ever bid
(4) # Members w/bid
          in past month:           how many of the members who registered that long ago have bid in the past month
(5) Percentage left:              (4) divided by (3) as a percent

Anything else people want to see, let me know.

I am reasonably confident that I did the calculations correctly, but I'll be happy to re-verify anything that looks suspicious.

how many members are lenders(able to place bids)? did you figure that in to your calcs?

I assume "able to place bids" means registered as a lender, i.e., the Role field in the member object matches '%Lender%'.

Regardless, I did not take that into account.

yep thats it, no point in counting members who only joined to give endorsements or anyone else who is not a "Lender" as they could not have ever placed a bid...