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[Cushie]

 

http://www.foxbusiness.com/personal-finance/small-business/article/worlds-innovative-company-profile-prosper_519385_33.html

(still waiting for it to load on my end)

[Risk_Reward]

Wonder how much they had to pay for that?

[Urbi_et_Orbi]

So far, Prosper's lenders and borrowers are only in America, but a new joint venture would let Japanese lenders bid on American loans -- and the goal is to connect people (and capital) globally.

A good idea?

[112233]

in the world eh? what other interesting articles does faux business have over there?

now excuse me while I go get another cheese ball from the fridge

[cubbiesnextyr]

You gotta be kidding me...

[JammingJAY]

Whoops... Sorry folks I waz look'in for the bathroom...

 

[Tokyo Joe]

lenders are average folks, including Larsen himself, who has funded more than 450 loans.

Okay, putting aside the preposterous notion that Larsen is somehow "average folk", did he really fund 450 loans?

FAN's very last stand ever on the Prosper forum was a battle over what it means to "fund a loan"; that was one of my favorite fights ever, and as a bonus, there's even a very illuminating snittybee intrusion:

http://prosperreport.com/prosper/forums/archive/threads/1/5/5/15598.0.HTM


Larsen did not fund 450 loans.  He has bids on 450 loans that funded with many lenders' participation.

I don't quite know why I get so annoyed by the misuse of this word, but I do...

[Mtnchick]

Boy, they are really hitting up the press for fluff pieces recently.

[cowdog]

I rated it one star.

We could repeat the best corporate blog fraud if we all give it one star...

 

[Tokyo Joe]

I rated it one star.

We could repeat the best corporate blog fraud if we all give it one star...

 

I already did.  It's a complete fluff piece cobbled together by a lazy writer who did no original research, and has only a marginal understanding of the platform.  And the Larsen quotes were probably borrowed from other sources.

A shoddy piece.  Worth one star.  Maybe two.

[sophtommy00]

I rated it one star.

We could repeat the best corporate blog fraud if we all give it one star...

 

Don't bother. It will never drop below 3 stars.

[Mtnchick]

I rated it one star.

We could repeat the best corporate blog fraud if we all give it one star...

 

Don't bother. It will never drop below 3 stars.

LOL! From the time I read this a few hours ago until now it went from 1 star and 20 votes to 3 stars with 100 votes. Just like all the other voting processes that involved P-----r, there's always an unrealistic number of "people" who suddenly go in and vote and vote high. The epitome of desperate. 

[112233]

I rated it one star.

We could repeat the best corporate blog fraud if we all give it one star...

 

Don't bother. It will never drop below 3 stars.

LOL! From the time I read this a few hours ago until now it went from 1 star and 20 votes to 3 stars with 100 votes. Just like all the other voting processes that involved P-----r, there's always an unrealistic number of "people" who suddenly go in and vote and vote high. The epitome of desperate. 

and after a mention of the article is posted at .org

[Tokyo Joe]

I rated it one star.

We could repeat the best corporate blog fraud if we all give it one star...

 

Don't bother. It will never drop below 3 stars.

LOL! From the time I read this a few hours ago until now it went from 1 star and 20 votes to 3 stars with 100 votes. Just like all the other voting processes that involved P-----r, there's always an unrealistic number of "people" who suddenly go in and vote and vote high. The epitome of desperate. 

And the subliterate.  As somebody who has spent hours, days, and months researching facts for a magazine article that pays a couple of hundred bucks at most, I resent the fact that anyone would compliment such a crummy piece of journalism someone farted out on the toilet with 5 stars.  Even self-serving prosper shills.

[Rancidbeef]

So far, Prosper's lenders and borrowers are only in America, but a new joint venture would let Japanese lenders bid on American loans -- and the goal is to connect people (and capital) globally.

And exactly why would the Japanese want to bid on loans denominated in dollars that were paid back in dollars while the dollar is in free-fall?