September 22nd, 2008 — , Financial, Lend To Others, Misc, P2P Lending, Prosper, Prosper Lenders, employee, peer to peer lending from Chris Larsen @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
Our global financial system is in the grips of a full blown crash – clearly now the worst since the Great Depression. Just when we think things are stabilizing, a new shock dwarfs all that came before. It’s safe now to say that the old normal will likely never return. This wasn’t caused by just [...]
Online Stores Continue reading → Message from Chris Larsen, Prosper Co-Founder and CEO
June 10th, 2008 — , Academics, Prosper, prosper news from Chris Larsen @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
One of our primary objectives in making Prosper market data fully transparent and freely available via an API is to allow and encourage anyone to study the Prosper market and consumer credit markets in general. We deeply appreciate the level of diligence and analysis so many have contributed using Prosper’s marketplace data. We are also [...]
Online Stores Continue reading → New Study on Prosper Returns and Dynamics
January 3rd, 2008 — Personal Finance Education, prosper news from Chris Larsen @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
Have Your Cake and Eat it Too
One of the exciting things about the wave of technology sweeping society is that generally it is providing unprecedented control. It seems we always talked about capitalism in terms of a grand trade-off: yes, we could have efficient markets but they would always be brutal and unkind to small [...]
Online Stores Related Websites - For Sale: P2P Lending Technology (Editor's Note: This is a serious post and potentially a great opportunity for the right 3rd party. This offer does NOT involve Loanio.) Company looks to sell all rights to its proprietary P2P lending technology. The company has been quietly in development for the past year, though has now decided......
Continue reading → The Market Versus The Experts
December 5th, 2007 — Bazaar and Cathedral, Chris Larsen, Prosper, Recent Posts from Chris Larsen @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
The essence of the Web 2.0 movement is taking the systems that operate our markets and society out of the hands of the elites and putting them into the hands of the masses.
In effect, the movement is a continuation of hundreds of years of struggle to distribute power and create a pure form of democracy. [...]
Continue reading → Money and Merit: Web 2.0’s Threat to the Power Elite
November 13th, 2007 — Chris Larsen, Credit Crunch, Market Survey, Prosper, prosper news from Chris Larsen @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
In last week’s Wall Street Journal article “Interest Rates Defy Rate Cuts,” James Bianco, president of Bianco Research LLC, a market-research firm in Chicago said, “Even though the Fed has eased three-quarters of a percentage point since September, the market has only gotten between 0.25% and 0.50% of that easing. If you look at it [...]
Online Stores Continue reading → Lower Borrower Rates, Fewer Subprime Loans Funded
October 31st, 2007 — Market Survey, Mortgage Market, Prosper, press release, prosper news from Chris Larsen @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
When the Fed cuts interest rates people often expect mortgage rates to drop. However, this is rarely the case given that mortgage markets typically anticipate rather than react to moves by the Fed. On the flip side of the coin, the variable credit card and savings rate markets react sometime after the Fed moves. In [...]
Online Stores Related Websites - Prosper People-to-People Lending Market Survey San Francisco – October 9, 2007 – Prosper (www.prosper.com), America’s largest people-to-people lending marketplace, today released its September People-to-People Lending Market Survey. Prosper’s People-to-People Lending Market Survey provides key statistics and a market commentary by Chris Larsen, Chief Executive Officer and Co-Founder of Prosper. Prosper’s People-to-People Lending Market Survey......
Continue reading → Did Prosper Anticipate or React to the Fed Rate Cut?
