Description: Lending Club Founder and CEO Renaud Laplanche is disrupting traditional banking by getting investors to lend directly to consumers online.
Source: CNNMoney.com – video report
Date: Oct 25, 2013
Questions for Discussions:
- Describe the business model presented in this report.
- What are the pros and cons to the regular banking system?
- Do you think this sort of business will appeal to investors?