LendingClub Shakeup: What Comes Next?

LendingClub Shakeup: What Comes Next?

Assessment

Interactive Video

Business, Other

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the rise and fall of Lending Club, highlighting its peak market cap post-IPO and subsequent decline. It explores the peer-to-peer lending model, emphasizing the role of Renaud Laplanche in institutionalizing the industry. The video also covers the conflicts leading to an investigation and Laplanche's departure, and concludes with the challenges Lending Club faces in securing new funding sources to sustain growth.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the market cap of Lending Club at its peak after the IPO in December 2014?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the main sources of funding for loans on Lending Club's platform?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Who was the founder of Lending Club and what role did he play in the company's growth?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What led to the investigation and eventual severing of ties with Renaud Laplanche?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Lending Club face after the departure of its founder?

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