Seeking Alpha Author Billy Duberstein joins Cheddar to discuss why he has a positive outlook on Lending Club, an online platform connecting borrowers and investors. Duberstein talks about challenges the company has faced in the past, and how it's adjusting internally
Lending Club went public in August of 2014 at $15 per share, but has dropped down to around $4 recently. Duberstein talks about highlights from its investor day on Thursday, December 7th.
He says Lending Club is three times bigger than Prosper, the second-biggest pure marketplace model, which is still private. Lending Club and Prosper are the oldest and have the most data. Other competitors that use their balance sheet are Discover, SunTrust, Lightstream, and Goldman Sachs' Marcus product, which are all growing, but still not as big as Lending Club.
Brian Vendig, President & CIO of MJP Wealth Advisors, joins to break down Q2 bank earnings and what they signal for markets, investors, and the economy ahead.
Are Gen Z and Millennials done with alcohol? Bacardi's Tony Latham breaks down trends, new preferences, and insights from the 2025 Cocktail Trends Report.
Comscore’s Paul Dergarabedian breaks down the battle of summer blockbusters, from Superman to Jurassic World and Fantastic Four and what it means for studios.
VENU CEO JW Roth breaks ground on a 20,000-seat, state-of-the-art amphitheater in Texas—part of a $300M public-private expansion to redefine live music.
