Which IPO Was More Important, LendingClub or Alibaba?

The video discusses the relative importance of Alibaba and Lending Club, emphasizing Lending Club's potential to disrupt financial markets. It critiques the overvaluation of companies and highlights the need to separate valuation from market opportunity. The discussion also touches on future IPOs, with a focus on financial technology companies like Wealthfront, which are poised to challenge established market players.

What are the key differences in the importance of Alibaba and Lending Club according to the speaker?

How does the speaker perceive the future impact of Lending Club on financial markets?

What concerns does the speaker express regarding the valuation of Lending Club?

What does the speaker suggest about the future of technology-driven companies compared to capital-intensive companies?

In what ways does the speaker believe the incumbents in the financial market are at risk?