Peer-to-Peer Loans Go Public in Lending Club IPO

The video discusses Lending Club's IPO, marking a significant moment for peer-to-peer lending. Doug Lebda, CEO of LendingTree, explains the evolution of consumer lending, highlighting the role of institutions in funding loans. The discussion covers the valuation of companies like Lending Club and the future of consumer lending, emphasizing transparency and innovation in the market.

What is the primary focus of Lending Club's business model?

• Traditional banking services

• Real estate investments

• Peer-to-peer lending

• Cryptocurrency trading

How much is Lending Club aiming to raise in its public offering?

• $500 million

• $692 million

• $1 billion

• $4 billion

Who are the new participants in the peer-to-peer lending space according to the second section?

• Individual lenders only

• Hedge funds and major fund managers

• Retail banks

• Government agencies

What is a key factor in evaluating companies like Lending Club?

• Their office locations

• The number of employees

• Their growth rates and earnings

• Their advertising budget

What is the expected impact of innovative lenders on the consumer credit market?

• Higher interest rates

• Increased market opacity

• Decreased competition

• More transparent and friction-free lending