LendingClub's Learning Curve on Business Transition

LendingClub's Learning Curve on Business Transition

Assessment

Interactive Video

Business

University

Hard

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The video discusses Lending Club's financial difficulties, including a goodwill write-down and incentives to retain investors, leading to a messy quarter. The resignation of the CFO, described as planned, caused initial market concern but later stabilized. The video also covers the challenges in loan securitization and the decline in originations, highlighting the need for more investors to sustain growth.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the market react to the resignation of the CFO?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Lending Club face regarding its loan originations?

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