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Profitability Helps San Diego Lender Step Out from Industry Cloud

Xconomy

LendingClub helped to pioneer the model, saying in November 2012 that it had surpassed $1 billion in loans issued since 2006, when it was founded. billion in loans since 2012, when its business “morphed” into an alternative lender, according to founder and CEO Dave Gilbert. million in 2012 to more than $59 million in 2015.

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Fintech Lender Uses Profitability to Step Out from Industry Cloud

Xconomy

LendingClub helped to pioneer the model, saying in November 2012 that it had surpassed $1 billion in loans issued since 2006, when it was founded. billion in loans since 2012, when its business “morphed” into an alternative lender, according to founder and CEO Dave Gilbert. million in 2012 to more than $59 million in 2015.

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Why The Growth Of The Internet Is Driving EdgeCast's Revenues

socalTECH

The company--which is in the business of operating a content delivery network (CDN) to accelerate the delivery of web graphics, multimedia, applications, and more to end users-- recently disclosed it more than doubled its revenues in 2012, and has grown to over 230 employees--all due to a huge amount of demand for CDN services by its customers.

CTO Hire 248
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Does the Size of a VC Fund Matter?

Both Sides of the Table

This is part of my series on Understanding Venture Capital. Some wait 5-7 years but usually this is because it’s proving more difficult to raise a new fund due to market conditions or the lack of returns in their current fund. So VCs often raise money every 3-5 years if they can. Most funds get annual extensions.

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What the Past Can Tell Us About the Future of Social Networking

Both Sides of the Table

Was it massively better software, better companies, better markets? Close shop to try and control monetization and you can only rely on your own internal innovation machine & capital. I predict this will come before the end of 2012. But let’s be honest – they’re mostly the same old shit as Web 1.0,