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Post by: AmCap on August 06, 2013, 11:00:00 PM
Post by: AmCap on August 06, 2013, 11:00:00 PM
Congrats to Peter and Bryce on the mentions!
Boneheaded quote of the day comes from the Indiana securities commissioner: ""But there are limitations on the financial data that is available, and a chance of default, so we need to protect investors."
Limitations on the financial data available...right.
Where exactly do they think IR01 and IR04 come from?
Boneheaded quote of the day comes from the Indiana securities commissioner: ""But there are limitations on the financial data that is available, and a chance of default, so we need to protect investors."
Limitations on the financial data available...right.
Where exactly do they think IR01 and IR04 come from?
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Post by: Peter on August 06, 2013, 11:00:00 PM
Post by: Peter on August 06, 2013, 11:00:00 PM
Thanks AmCap. I don't know when these securities commissioners are going to get it.
And to give some background, I had an hour conversation with this reporter and responded to no less than a dozen emails over the course of a month and she didn't even mention Lend Academy in the article...
For those who don't have a WSJ subscription Yahoo Finance also picked it up:
http://finance.yahoo.com/news/consumers-investors-eager-peer-peer-030000322.html
And to give some background, I had an hour conversation with this reporter and responded to no less than a dozen emails over the course of a month and she didn't even mention Lend Academy in the article...
For those who don't have a WSJ subscription Yahoo Finance also picked it up:
http://finance.yahoo.com/news/consumers-investors-eager-peer-peer-030000322.html
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Post by: p2p2p2p2p on August 06, 2013, 11:00:00 PM
Post by: p2p2p2p2p on August 06, 2013, 11:00:00 PM
Interesting article . While attempting to read it from the perspective of one never involved in p2p lending, I am not sure if this article would be sufficient to motivate me to start. All the better for us I guess, even though it appears the beginning of the months rush to fund all the new institutional money has finally been quenched for a while. I actually had a chance to see what a top of the line D note looked like for 1.679 seconds before it was fully funded this morning.
I will have to investigate if the Bitcoin miner machines can be converted to buying LC notes through an API. Those machines are really fast.
I will have to investigate if the Bitcoin miner machines can be converted to buying LC notes through an API. Those machines are really fast.
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Post by: brycemason on August 06, 2013, 11:00:00 PM
Post by: brycemason on August 06, 2013, 11:00:00 PM
I know, right, Peter? I never even told the reporter that I worked for I university, yet that's the affiliation. Sheesh. How about tying P2P-Picks to the importance of independent credit modeling to help protect against the incentive to grow too fast. Oh well, better than nothing, but I would have liked the traffic to the site.
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Post by: rawraw on August 06, 2013, 11:00:00 PM
Post by: rawraw on August 06, 2013, 11:00:00 PM
Mentioning your name should lead to the site. Just keep at it guys 
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Post by: SeattleSun on August 07, 2013, 11:00:00 PM
Post by: SeattleSun on August 07, 2013, 11:00:00 PM
Haven't had a WSJ subscription for years but isn't there usually the ability of readers to add comments to the electronic copy of the articles.
If the above is true suggest you add a comment leading them to "P2P Picks" and or "Lend Academy"
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Post by: mo on August 08, 2013, 11:00:00 PM
Post by: mo on August 08, 2013, 11:00:00 PM
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Post by: Randawl on August 08, 2013, 11:00:00 PM
Post by: Randawl on August 08, 2013, 11:00:00 PM