Comments on: prosper is dead

By: Tom

Tom — Wed, 22 Oct 2008 18:38:10 +0000

Like I mentioned on Lazy's site, Prosper isn't dead. They will come back from this stronger and better than ever. This is a good thing – not bad.

By: Tom

Tom — Wed, 22 Oct 2008 11:38:10 +0000

Like I mentioned on Lazy's site, Prosper isn't dead. They will come back from this stronger and better than ever. This is a good thing – not bad.

By: David

David — Tue, 21 Oct 2008 16:23:14 +0000

I feel very optimistic about it, honestly. It's important to note that, since the “quiet period” is to allow the SEC to approve *selling* of loans, that it's actually a sign of these sites' success, not failure. If they can afford to suspend new accounts for 6 months…wow. And afterwards, they stand to make only more money as a wave of small loans are sold on the market.

By: bripblap

bripblap — Fri, 17 Oct 2008 23:58:24 +0000

I did – that's why I put the link to your article in, to make sure you'd notice

By: Lazy Man

Lazy Man — Fri, 17 Oct 2008 17:25:46 +0000

Thanks for the link, but did you have to steal my title

By: Patrick

Patrick — Thu, 16 Oct 2008 23:06:32 +0000

I'm not so certain Prosper is dead. I think they will come back strong if/when their secondary market is approved. The P2P market is changing though, and I think it has a decent future. With many credit streams drying up, people will look to alternative methods of getting loans. And don't forget about Loanio which was late to the party, but still has time to make an impact in this fledgling industry. I think it will be an interesting few months for the industry.