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  1. 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 Prosper.com announced a 357% year over year growth in P2P lending last month . http://www.marketwire.com/press-release/prospercom-announces-367-year-over-year-growth-in-p2p-lending-1575616.htm
      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 There.com 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 😛

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