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.
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.
Despite healthcare spending cuts, medtech stocks like Edwards Life Sciences, Stryker, and Boston Scientific are rising, especially those serving older pati
The original Birkin bag created by Hermès for Jane Birkin in 1984 is up for auction in Paris. Sotheby’s expects the iconic bag to sell for hundreds of thousands of euros on Thursday.
Elon Musk’s artificial intelligence company is taking down antisemitic comments and other “inappropriate posts” made by its Grok chatbot, including some praising Adolf Hitler.
Joby CPO Eric Allison discusses the UAE’s historic EVTOL take off, marking Dubai as the launchpad for global air taxi adoption and Joby’s commercial readiness.
CFRA’s Angelo Zino joins us to unpack Meta’s Superintelligence Labs and what it means for the future of AI, innovation, and the company’s bold new direction.
AIRO CEO Joe Burns and Executive Chairman Chirinjeev Kathuria talks the future of aerospace, drones, and urban air mobility through innovation and synergy.
