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  1. …it’s in the paragraph above the orange writing. FAIL ๐Ÿ˜›

  2. Please note, this article is 3 years old and all peer to peer lenders mentioned have either gone under or are no longer accepting new memberships/loans.

    1. … and announced a 357% year over year growth in P2P lending last month .
      Not sure what you were implying? I expect fallout in the industry – Friendster & MySpace vs Facebook and Twitter. But it would be very very short sighted to say that Peer to Peer lending won’t work based on early days. I know Banking will be disrupted in the same way I knew News would be disrupted. Just because early players don’t make the next level doesn’t mean the concept won’t work.
      I guess another one would be to look at Second Life and and say casual gaming and virtual goods won’t work. Which ignores Farmville and a 9 billion dollar industry. *shrugs* people should look further than the end of their nose ๐Ÿ˜›

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